Uber lost over $1 billion in Q3 as it closes in on an IPO

Uber, according to its self-reported financials, said it lost (on a GAAP basis) $1.07 billion as it continues to invest in new areas, such as bicycles, scooters and freight shipments. The company…

Excerpt from: Uber lost over $1 billion in Q3 as it closes in on an IPO

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Author: Jagdeep

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