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Reuters - Uber posts $1bln loss in first post-IPO results

Reuters - Uber posts $1bln loss in first post-IPO results

  • TV-G
  • 2019
  • 1mins
Uber announced a $1 billion quarterly loss and a jump in revenue to $3.1 billion in its first results since going public in early May. The results reassured some investors but still leaves others wondering how long it will take to turn a profit. Conway G. Gittens reports.