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Uber Loses at Least $1.2 Billion in First Half of 2016 – Bloomberg


Bloomberg

Uber Loses at Least $1.2 Billion in First Half of 2016
Bloomberg
The ride-hailing giant Uber Technologies Inc. is not a public company, but every three months, dozens of shareholders get on a conference call to hear the latest details on its business performance from its head of finance, Gautam Gupta. On Friday
Economists see ride-hailing industry as ripe for competitionBusiness Insider
Uber reportedly lost $1.27 billion in just six monthsThe Verge
Did Uber just burst the sharing economy bubble?CNET
Gizmodo –TIME –ZDNet –Los Angeles Times
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