Uber has lost $5.8 billion in the first three quarters of this year
The company’s reported revenue of $3.1 billion for the quarter, down 18% compared to the same period last year and falling just short of analyst estimates compiled by Refinitiv. The company’s Rides revenue declined 53% and its Eats revenue grew 125% compared to one year ago. Uber’s stock was hovering around even in after-hours trading. … Read more