Uber

Uber Records Minimum $1.27 Billion Loss in First Half of Year

Uber Records Minimum $1.27 Billion Loss in First Half of Year

Though Uber Technologies Inc. is not a public company, it gets dozens of its shareholders on a conference call after every three months to reveal report on the ride-hailing giant’s business performance. The report is given by Gautam Gupta, the Head of Finance at Uber. The investors were reported on Friday by Gupta that the company is suffering from losses during the second quarter.

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