Thursday, August 25, 2016

Uber loses at least $1.2 billion in first half of 2016

After touting profitability in the U.S. early this year, the ride-hailing company is said to post second-quarter losses exceeding $100 million. Subsidies for Uber's drivers are responsible for the majority of the company's losses globally.

from HOTELMARKETING.COM http://ift.tt/2bkXSA1

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