Tag Archives: Ride-Hailing

Report: Uber isn’t having the best 2016, posts $1.2 billion loss already

Uber hasn’t been so uber lately as Bloomberg reports the popular ride-sharing company already posted a $1.2 billion loss as we enter the third quarter. The company’s money drain was first reported when a conference call happened between Uber’s executive branch and investors for a company evaluation. According to the report, Uber posted a loss of $1.27 […]

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