close
Uber reports $1B loss as revenue rises



Car sharing giant Uber has met its first quarter forecast, with a loss of $1 billion but increasing revenue and users. The losses were the result of big spending in the lead-up to its IPO earlier in May.



Source link : https://www.dw.com/en/uber-reports-1b-loss-as-revenue-rises/a-48981991?maca=en-rss-en-all-1573-rdf

Author :

Publish date : 2019-05-31 04:59:00

Copyright for syndicated content belongs to the linked Source.

Tags : Deutsche Welle

The author News2