Uber lost $4.5 billion in 2017
Business - 6 days ago
Uber Technologies Inc on Wednesday revealed that it lost $4.5 billion last year, 61% up from $2.8 billion which the ride-hailing company reported in 2016. Adjusted net revenue in Oct-Dec quarter increased 61% to $2.22 billion from the same period in 2016. The total value of fares grew to $11 billion the the 4th quarter.