Uber lost over $1 billion in Q3 as it closes in on an IPO
Uber, according to its self-reported financials, said it lost (on a GAAP basis) $1.07 billion as it remains to invest in brand-new areas, such as bicycles, mobility scooters as well as freight deliveries. The company is still expanding however, as earnings climbed 38 percent f. Original source: https://www.engadget.com/2018/11/15/uber-lost-over-one-billion-in-q3/
