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December 21, 2016 08:11 am GMT
Uber’s lossesaregrowing from $2.2 billion last year to an expected$3 billion this year, according to multiple reports this week fromThe Informationand others. It’s hard to fathom Uberoperating so far from profitabilityat a time when itfeels like an established mainstream brand on the global stage. Hip hopstarslike Drake or Wiz Khalifa commonly name check… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Tp35VK6St6M/
Uber losses expected to hit $3 billion in 2016 despite revenue growth
Uber’s lossesaregrowing from $2.2 billion last year to an expected$3 billion this year, according to multiple reports this week fromThe Informationand others. It’s hard to fathom Uberoperating so far from profitabilityat a time when itfeels like an established mainstream brand on the global stage. Hip hopstarslike Drake or Wiz Khalifa commonly name check… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/Tp35VK6St6M/
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