Uber’s Business Grew Last Year Despite a $4.5 Billion Loss

Uber’s Business Grew Last Year Despite a $4.5 Billion Loss

http://ift.tt/2C00LEL

Bloomberg

Uber’s latest financial results show the company is sticking with its strategy of driving aggressive global growth despite the cost. Bloomberg

Skift Take: At some point, Uber is going to have to stop burning through billions of dollars to grow its business each quarter. The latest financials released to investors show the company is nowhere close to stemming its losses.

— Andrew Sheivachman

Read the Complete Story On Skift

Travel

via Skift https://skift.com

February 14, 2018 at 05:03PM

Leave a Reply

Your email address will not be published. Required fields are marked *