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Casa > Notícia > Industry News > Uber loses $2.8bn

Uber loses $2.8bn

  • Autor:Ella Cai
  • Solte em:2017-04-18
Uber had 2016 revenues of $6.5 billion for a loss of $2.8 billion, the company reported.

Q4 bookings were up 28% from Q3 at $6.9 billion, but Q4 losses grew to $991 million.

Uber has raised $13 billion and gained another $1 billion when it sold its China operation to a local rival.

Uber is also estimated to have lost $2 billion in 2015.

Fare revenues are said to cover 40% of costs.