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February 14, 2018 04:58 pm GMT

Uber Reduced Its Deficit But Still Lost $1.1B In Q4 2017

Uber is in the process of reducing its deficit but still managed to lose $1.1 billion in the fourth quarter of 2017, The Information reported earlier this week, citing data obtained from the company. The San Francisco, California-based firm narrowed its quarterly loss by 26-percent sequentially, whereas its revenue rose 14-percent to $11.1 billion in […]

The post Uber Reduced Its Deficit But Still Lost $1.1B In Q4 2017 appeared first on AndroidHeadlines.com |.


Original Link: https://www.androidheadlines.com/2018/02/uber-reduced-its-deficit-but-still-lost-1-1b-in-q4-2017.html

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