Bloomberg - The Key Takeaways From Uber's Disappointing Results

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Bloomberg - The Key Takeaways From Uber's Disappointing Results

Bloomberg - The Key Takeaways From Uber's Disappointing Results

  • TV-G
  • 2019
  • 2mins
Aug.08 -- Uber Technologies Inc. failed to surpass analysts’ expectations in the way its hometown rival did the day before sparking a selloff in after-hours trading. Uber’s second-quarter adjusted sales fell short of estimates and it posted an eye-watering $5.24 billion net loss. Bloomberg Intelligence's Mandeep Singh breaks down the numbers on Bloomberg Technology.