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Uber’s Q3 adjusted loss widens to $743 mn: Report

29 November, 2017

Uber Technologies Inc’s quarterly adjusted losses widened to $743 million, up 14 percent from the previous quarter, the Financial Times reported on Tuesday.

The ride-hailing company’s third-quarter net revenue stood at $2 billion, up 14 percent from the previous quarter, the FT reported citing new documents sent to shareholders.

Uber’s quarterly gross bookings were $9.7 billion, the FT reported.

Uber was not immediately available to comment.

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Uber’s Q3 adjusted loss widens to $743 mn: Report

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