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Uber lost at least $1.2 billion in the first half of this year

Jobsbook.net Aug 26,2016 0 Comments

Uber lost at least $1.2 billion in the first half of this year, according to Bloomberg News. Uber declined to comment on the report, but Bloomberg reported that Uber’s head of finance Gautam Gupta shared the losses during a call with shareholders on Friday.

Uber is said to have lost $520 million in the first quarter, and $750 million in the second quarter of 2016.

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