Uber’s Wheels Are Coming Off amid a $1 Billion Loss

Uber	2019-8-9 02:05

Mega-unicorn Uber reported earnings, or rather losses, on Thursday that demonstrate why hype doesn’t always work in a company’s favor. Let’s hit the headline numbers and explain what they mean for Uber’s stock.

Solid Growth Across the Board Just like its rival, Lyft, Uber saw a significant increase in gross bookings. That metric was up […]

The post Uber’s Wheels Are Coming Off amid a $1 Billion Loss appeared first on CCN Markets

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uber loss billion amid coming wheels off

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Источник: ccn.com

uber loss → Результатов: 11

This Uber Scam Adds Insult to Injury for Investors After $1 Billion Loss

By CCN: As expected, Uber’s earning report delivered a quarterly loss of $1 billion. Management must be working out how to dupe drivers into generating more revenue for the ridesharing play as traders pile on to short the stock.

2019-5-31 03:15	Uber
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Time’s Running Out to Bet Against Billion-Dollar Loser Uber’s Stock

By CCN: The first earnings report for Uber stock is about to be released, and UBER is expected to have lost over a billion dollars in Q1. This loss comes despite an expected 20 percent revenue increase to $3.

2019-5-29 12:25	Uber
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Uber Braces for $1 Billion Loss in First Quarter as a Public Company

By CCN: Ridesharing powerhouse Uber Technologies (NYSE: UBER) announced last week that it expects to lose $1 billion in its first-ever quarterly earnings report this Thursday. Uber gave shareholders only a week to prepare for the report, and they will be eagerly anticipating Thursday evening’s results.

2019-5-28 02:00	Uber
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Uber IPO Smacks Saudi Wealth Fund with $200 Million Loss

By CCN: The Saudi Arabian Public Investment Fund (PIF) was one of the first believers in Uber, ponying up billions of dollars to invest in it back in 2018. Now that the ride-sharing company has finally gone public, the fund stands to be one of the biggest losers.

2019-5-12 14:24	Uber
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Uber IPO Ignites $70 Billion Rideshare Stock’s Ticking Time Bomb

By CCN: Uber stock slumped toward a disappointing 7. 62% loss following its blockbuster IPO on Friday, and the rideshare giant must now wrestle with an uncomfortable time bomb that has already started ticking.

2019-5-11 01:27	Uber
uber time bomb ipo rideshare stock ticking

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Uber’s IPO Filing Discloses $1.8B Loss, Raising Worries

Coinspeaker Uber’s IPO Filing Discloses $1. 8B Loss, Raising WorriesUber out-paced its rising competitor Lyft by more than $9 billion in revenue and at least 60 million users. That all could be seen from Uber’s S-1, the company has filed its IPO paperwork with the Securities and Exchange Commission on Thursday.

2019-4-13 13:16
uber ipo raising loss filing discloses worries

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Lyft IPO: Beating Uber to the Punch Absolutely Crucial to Fuel Growth

Lyft, the ride-hailing giant based in the U. S. , has officially filed its S-1 IPO registration and is set to be listed on the NASDAQ by April, before Uber. Early reports suggest Lyft is expected to secure over $100 million from the IPO and is forecasting a valuation of around $20 to $25 billion.

2019-3-2 20:38	Uber
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Did Pre-IPO Uber ‘Lose’ $1.8 Billion in 2018, Or Aggressively Invest In Its 85% Market Share Dominance?

Uber posted $1. 8 billion in losses for 2018, an improvement over its 2017 bottom line, a loss of $2. 2 billion. At The Drive Stephen Edelstein says, “That’s bad news for Uber as the company looks to charm investors into an initial public offering (IPO) later this year.

2019-2-19 14:45	Uber
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On Radical Markets

Recently I had the fortune to have received an advance copy of Eric Posner and Glen Weyl’s new book, Radical Markets, which could be best described as an interesting new way of looking at the subject that is sometimes called “political economy” - tackling the big questions of how markets and politics and society intersect.

2018-7-21 04:03
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