Uber Posts $1 Billion Loss in First Earnings Report After IPO

Uber reported a $1 billion loss as the ride-hailing service spends heavily to build up its food delivery and freight businesses, sending revenues up 20% in its first quarterly report as a public company.

from RSS Feeds : RSS Feed - NDTV Gadgets360.com http://bit.ly/2W2ptKm

Comments

Post a Comment

Popular posts from this blog

OnePlus 12 Price Drops on Amazon Ahead of OnePlus 13 Launch in India Next Month

OnePlus 13 is scheduled to launch in India and the global markets next month. Ahead of its anticipated debut, the Chinese company’s current flagship smartphone, the OnePlus 12, has received a price cut on e-commerce platforms. Customers can purchase the smartphone with an initial discount to get it at a lower price than its list MRP. Additionally, there are bank off... from Gadgets 360 https://ift.tt/zR3G5Dy
Read more

Samsung Galaxy M36 5G Launching Today: Expected Price and Specifications

The Samsung Galaxy M36 5G is set to be launched in India today (June 27). The handset will arrive as the successor to the Galaxy M35 5G which was introduced in the mid-range segment last year. While a majority of the specifications remain under wraps, the South Korean tech conglomerate has been teasing its capabilities in days leading up to its launch. Here’s everyt... from Gadgets 360 https://ift.tt/RS5ImQH
Read more