Uber Loss News

Companies

Uber posts $1 billion loss as growth in bookings slows

Uber bookings grew 6% in the September quarter, the third quarter in a row that growth has remained in single digits after double-digit growth for all of last year

3 min read15 Nov 2018
Market

Surging losses make a good case for Ola-Uber merger

Be that as it may, it looks like the low-value Indian market does not have room for two large cab-hailing firms in Ola and Uber

2 min read15 Jun 2018
Companies

Ola, Uber strike highlights tough business model of cab-hailing firms

Taxi drivers want higher incomes but Ola and Uber are more interested in raising marginsa conflict that will become worse as Ola and Uber will have to further cut losses as they attempt to go public

4 min read21 Mar 2018
Companies

Uber spent $10.7 billion in 9 years—here’s how that stacks up

Even as Uber's revenue reached $2.3 billion in the fourth quarter of 2017, its annual growth rate remained strong, at about 90% compared with 2016

4 min read6 Mar 2018
Companies

Uber narrows Q2 loss to $645 million, boosts revenue in turmoil

Uber generated $1.75 billion in adjusted net revenue in the second quarter of this year, up 17% from the prior quarter

2 min read24 Aug 2017
Companies

Uber’s head of finance exits as revenue rises, losses narrow

Uber's revenue increased to $3.4 billion in the first quarter and losses narrowed, even as hundreds of thousands of people deleted the firm's ride-hailing app from their phones

2 min read1 Jun 2017

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