France / Français
Uber's Growth Slows for a Third Straight Quarter With $1 Billion Loss, Report Says
3 monthes ago - By Fortune
Uber stomached a $1 billion loss in its third quarter and saw a continued trend of slow growth for its ride-share bookings, Reuters News reported .
The third quarter, ending Sept. 30, marked the third straight quarter that booking growth was in the single digits, according to the news service.
Reuters reports that Uber's adjusted loss before interest, taxes, depreciation, and amortization was $592 million, but said that number is still down from last quarter and a year ago.
As growth in the ride-sharing portion of the company stalls, Uber is investing in its other ventures. The company...
Read more ...Uber lost nearly $1 billion last quarter as the ride-hailing giant's growth slows
3 monthes ago - By Business Insider
Uber reported its third-quarter financials to select media outlets on Wednesday.
The numbers show widening losses and slowing growth as the ride-hailing giant races towards a public stock offering.
It's the first time the company has provided specific data for Uber Eats.
Uber has released its in-house financials for the third quarter. The numbers show widening losses and slowing growth for the ride-hailing giant as it races towards an IPO as soon as next year.
Here are the important numbers:
Revenue: $2.95 billion, up 38% from the previous year.
Adjusted net loss: $939 million, up 38% from...
Read more ...Uber's Losses Continue Ahead of Initial Public Offering
3 monthes ago - By NY Times
Uber, which is moving toward a public debut next year, said its net loss was more than $1 billion in the third quarter.
Read more ...Uber posts $1 billion loss in quarter as growth in bookings slows
3 monthes ago - By Reuters
Uber Technologies Inc said on Wednesday that growth in bookings for its ride-hailing and delivery services rose 6 percent in the latest quarter, the third quarter in a row that growth has remained in the single digits after double-digit growth for all of last year.
Read more ...
Search by Tags
Trends Trend Investments Services Taxes Companies Investment Service Invest Company Tax Briefing Uber Housing House Business Medias Media Data Moving Car Services and Livery Cabs Company Reports Initial Public Offerings Delivery Services Uber Technologies Inc Technology Technologies BusinessNews
The headlines of Business Mag
HOLD FAMILY A multiplayer network game for families
Spend more time with your family and less with your phone with the Hold Family app made by us! :)
SØVN Modern sleep tracking study
The Søvn app is a modern sleep tracker made by us for Bryggen Research AS! #mobile #iOS #android #portfolio
SØVN Modern sleep tracking study
The Søvn app is a modern sleep tracker made by us for Bryggen Research AS! #mobile #iOS #android #portfolio
Wise quotes on life, liberty, and the pursuit of happiness from every US...
In honor of Presidents Day, we collected some of the finest aphorisms to come from the Oval Office. From Thomas Jefferson's leadership advice to Abraham Lincoln's reflections...
3 things we learned from Facebook's AI chief about the future of artificial...
Giving machines "common sense" to learn about the world through data will be a big area of research in artificial intelligence over the next decade, says Facebook's chief AI...
Facebook was destroyed by British lawmakers for its disastrous year, but new...
British lawmakers published a damning report about Facebook, its many privacy problems, and its monopoly power as part of an inquiry into fake news. Politicians proposed new...
Honda set to close UK car plant with 3,500 jobs at stake in another Brexit blow
Japanese car manufacturer Honda is said to be preparing to shut one of its UK plants with 3,500 jobs on the line. Honda is set to announce a closure to its Swindon plant in...
7 MPs quit Labour over the party's handling of Brexit and anti-semitism
Seven Labour MPs announced their resignations from the party on Monday morningafter months of tension and disagreement over the leadership's handling of Brexit and...
Mark Zuckerberg humiliated by group of lawmakers, who accuse Facebook's CEO...
A report by British lawmakers has taken direct aim at Mark Zuckerberg. The report accuses Facebook's CEO of "contempt" after he failed to show up to give evidence to a British...
This US tech start-up helped a maker of football helmets tap investors with...
Buttonwood Network is attempting to disrupt the way in which late stage start ups secure VC funding by making the process quicker and more efficient. The company was only...
GoCardless nabs $75 million from GV, others, to expand its recurring...
GoCardless, which helps companies collect subscription payments, has raised $75 million in a series E round of funding from big-name investors such as GV.
Shark Tank Deal: Zorpads Accepts $150,000 From Lori Greiner and Charles Barkley
Pexels / Pixabay Taylor Wiegele and Sierra Smith, Harvard business school graduates, came to the Shark Tank in hopes of securing an investment of $150,000 in exchange for an 8%...
Shark Tank Deal: Life Lift Accepts $550,000 from Mark Cuban
Skeeze / Pixabay Levi Wilson and Tim Todd of Oklahoma came to the Shark Tank in hopes of securing $550,000 for a 15% share of their company, Life Lift. Their signature product...