Uber’s Business Grew Last Year Despite a $4.5 Billion Loss

Bloomberg

Uber’s latest financial results show the company is sticking with its strategy of driving aggressive global growth despite the cost. Bloomberg

Skift Take: At some point, Uber is going to have to stop burning through billions of dollars to grow its business each quarter. The latest financials released to investors show the company is nowhere close to stemming its losses.

— Andrew Sheivachman

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Ryan Wolkov

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Author: Ryan Wolkov

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