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Uber on Thursday reported a $1 billion loss in the first quarter of this year despite rising revenue and monthly users.

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Uber posts $1bn loss in Q1 despite growing revenue

by AFPThu 30 May 2019Thu 7 Oct 2021

Ride share giant Uber says revenue climbed 20% to $3.1bn in the first three months of 2019

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How Uber works

Video: Why Uber is losing money

by ITPTue 14 May 2019Wed 6 Oct 2021

Uber is hitting the public markets on Friday with a valuation that could top $75 billion. The world’s biggest ride-hailing business debuts weeks after Lyft, its smaller rival.