In the last quarter, Uber lost $ 1.2 billion

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Uber, the company known above all for its service halfway between taxis and car rental with driver, in the third quarter of the year recorded $ 1.2 billion in losses (just over € 1 billion). On the other hand, Uber announced that revenues were $ 3.8 billion, up 30 percent year-on-year, and higher than the $ 3.6 billion expected by analysts. In the previous quarter the results had been much worse, with losses of 5.23 billion, probably due to the listing on the stock market last May: in that case the costs due to compensation for shares for employees after the quotation, which had weighed for 3.9 billion dollars.



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https://www.ilpost.it/2019/11/05/uber-risultati-perdite-terzo-trimestre/

Dmca

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