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August 25, 2016 12:41 pm -04

Uber has already lost more than $1.2 billion this year

Uber is a fairly well-established business at this point, so you'd be forgiven for thinking that it makes a profit at this point. But today Uber held a conference call with investors and revealed that it is losing a ton of money so far this year. Acc...

Original Link: https://www.engadget.com/2016/08/25/uber-lost-1-2-billion-in-2016-so-far/

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Engadget

Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

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