UBER LOSS $8.5 BILLION IN 2019

Highlights

• Uber company reported a loss of $1.1 billion in the final three months of 2019
• The financial loss of $1 billion or more in each quarter since it went public in May

On Thursday Uber company reported a loss of $1.1 billion in the last three months of 2019, driven in part by stock-based return. In total, Uber lost an overwhelming $8.5 billion in 2019.

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