Uber loses $1 billion in quarter, hitting forecast, as revenue rises 20%

Inflatable angry emoji looms over Facebook annual meeting as users vent frustrations
May 30, 2019
Canada Uses Civil Anti-Spam Law in Bid to Fine Malware Purveyors
May 30, 2019
This post was originally published on this site

Uber Technologies Inc reported a $1 billion loss and a 20 percent rise in revenue in its first quarterly report as a public company on Thursday, posting results in line with its forecasts that underscored the challenges the ride-hailing service faces to become profitable one day.