Similar Stories to Uber Lost A Whopping $1.27 Billion In The First Half Of 2016 on Bing News

nmcalone@businessinsider.com (Nathan McAlone), Business Insider
Thu, 08/25/2016 - 5:24am

Reuters/Staff Uber lost at least $1.27 billion in the first half of 2016, according to Bloomberg's Eric Newcomer, who cites people familiar with the matter. Bloomberg reports that Uber held a conference call with investors Friday, led by finance head Gautam Gupta, to discuss Uber's finances. In the first quarter of 2016, Uber lost $520 million ("before interest, taxes, depreciation and amortization").

Topics: pokémon go reuters/staff bloomberg's eric newcomer gautam gupta bloomberg had q2 developing watch uber bloomberg bloomberg billion quarter million investors losses

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Similar Stories to Uber Lost A Whopping $1.27 Billion In The First Half Of 2016 on Bing News

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