• After Travis Kalanick, Uber Still Posts Massive Losses-and Sees Revenue Growth Slow

    3 monthes ago - By Fortune

    A year after Dara Khosrowshahi took the reins at Uber following the resignation of controversial founder Travis Kalanick, the company is still facing massive, six-figure losses. Only now it's also grappling with slower revenue growth.
    Investors can tolerate losses in a company enjoying accelerating growth. Or even slower revenue growth in a company with strong profits. But even while 2018 has proven to be a much more tranquil year than Uber's scandal-filled 2017, it's still finding itself on the wrong side of those equations.
    Several news outlets, including CNBC and Axios , reported that...
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  • Uber narrows loss but far from profitability

    3 monthes ago - By Reuters

    Uber said on Wednesday it had narrowed losses from a year earlier, although the ride-hailing company is still a long way from proving it can be a profitable business even as it gears up to go public in 2019.
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  • Uber narrows loss but is a long way from finding profit

    3 monthes ago - By Reuters

    Uber Technologies Inc said on Wednesday it narrowed its quarterly losses from a year earlier, although the ride-hailing company is still a long way from proving it can be profitable as it gears up to go public in 2019.
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  • Uber narrows loss but still a long way from profitability

    3 monthes ago - By Reuters

    Uber Technologies Inc said on Wednesday it had narrowed losses from a year earlier, although the ride-hailing company is still a long way from proving it can be a profitable business even as it gears up to go public in 2019.
    Read more ...