Uber continues to lose money as it scales scooters, bikes and other newer businesses

Uber, which is expected to go public sometime next year, just released its Q3 2018 financial results. Uber’s net losses increased 32 percent quarter over quarter to $939 million on a pro forma basis, though Uber expected these losses as it continues to invest in future growth areas. On an earnings before interest, taxes, depreciation … Continue reading Uber continues to lose money as it scales scooters, bikes and other newer businesses