The Guardian
Email YouTube Facebook Instagram Twitter
 
News : Business

Uber reports $1B loss as revenue rises

By DW
01 Jun 2019   |   1:04 pm   |   3m 2s
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.


Share:

You may also like