Uber CEO aims to pare losses and get 'the love back'

Ride-hailing giant Uber's full-year net loss widened to $4.5 billion in 2017 as the company endured a tumultuous year that included multiple scandals, a lawsuit alleging the theft of trade secrets and the replacement of its CEO. The results also showed that Uber cut its fourth-quarter net loss by 25 percent from the third quarter as new CEO Dara Khosrowshahi moves to make the company profitable ahead of a planned initial public stock offering sometime next year. The full-year loss...

Uber CEO aims to pare losses and get 'the love back'

Uber CEO Dara Khosrowshahi is focused on cutting the company's massive losses and "getting the love back" after a year of damaging revelations about the ride-hailing service's sometimes heartless ...

Thu 15 Feb 18 from Phys.org

Pummeled by scandal, Uber hit with $4.46B in losses during 2017

Curiously, UberEats now comprises about 10 percent of the company's business.

Wed 14 Feb 18 from Arstechnica

Uber's net loss widens to $4.5 billion for tumultuous 2017

Ride-hailing giant Uber's full-year net loss widened to $4.5 billion in 2017 as the company endured a tumultuous year that included multiple scandals, a lawsuit alleging the theft of ...

Wed 14 Feb 18 from AP

Uber's Net Loss Widens to $4.5 Billion for Tumultuous 2017, Wed 14 Feb 18 from Voice of America

Uber bookings up, losses down in fourth quarter - CNET

The startup lost $1.1 billion in the fourth quarter, down from $1.46 billion in the previous quarter.

Tue 13 Feb 18 from CNET

Uber's fourth-quarter loss narrows to $1.1 billion: source

(Reuters) - Uber Technologies Inc [UBER.UL] narrowed its fourth-quarter loss to $1.1 billion from a loss of $1.46 billion in the previous quarter, a person familiar with the matter told Reuters. ...

Tue 13 Feb 18 from Reuters Technology

Uber's losses ballooned to $4.5bn in tumultuous year

Wed 14 Feb 18 from Telegraph.co.uk Tech

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