YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Uber trims its losses

Posted online

Despite multiple controversies, Uber is doing better in terms of earnings and revenue.

The ride-hailing company improved its net loss to $645 million in the latest quarter. That’s 14 percent better than the same quarter a year earlier.

Revenue hit $1.75 billion, compared with $800 million a year earlier. Gross bookings rose 17 percent to $8.7 billion, according to CNBC.

Read more from CNBC.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Fall 2026 Architects & Engineers Project Report

This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.

Most Read
Update cookies preferences