You are here
money news Money 

Uber driving toward profitability?

The ride-hailing firm’s loss narrowed to $1.1B in the fourth quarter, which was CEO Dara Khosrowshahi’s first full period at the helm, from $1.46B in Q3.

UBER still lost $4.5B in 2017, but continued to boost ridership and revenue, despite a sexual harassment scandal, the resignation of its longtime CEO and a blockbuster lawsuit from rival Waymo in self-driving vehicles.

Read Story

Related posts