Uber’s losses grew to $1.5 billion last quarter

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 Uber has given its shareholders an update on the company’s performance and it’s definitely in the red. The global ridesharing company lost $ 1.46 billion in just the third quarter. This compares to negative $ 1.06 billion in the previous quarter. But net revenue also went up from $ 1.66 billion to $ 2.01 billion. Gross bookings grew to $ 9.71 billion, versus the $ 8.74 billion in the… Read More
Fundings & Exits – TechCrunch

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