Uber incurs $743m loss in Q3

Mubasher: Uber Technologies Inc.’s losses increased 14% to $743 million during the third quarter of 2017, compared to $645 million in Q2-17, said Financial Times newspaper.

Quarter-on-quarter, revenues went up 14%, reaching $2 billion, while revenues from bookings grew 11% to $9.7 billion in Q3-17.

 

Mubasher Contribution Time: 29-Nov-2017 09:53 (GMT)
Mubasher Last Update Time: 29-Nov-2017 13:33 (GMT)