I JUST read a Bloomberg Technology news article online with a headline “Uber narrows loss to US$645mil (RM2.6bil), boosts revenue amid turmoil”.
Net revenue for the second quarter (Q2) of 2017 rose 17% to US$1.75bil, translating into an operating loss of 37 US cents per US$1 in revenue, which was 9% lower than the last quarter, which means Uber lost US$708mil in Q1 2017.
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