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[-]  14-02-18 02:10

Business Insider
Uber booked $2.2 billion in sales last quarter — but it still took a $1.1 billion loss
Uber is narrowing its enormous losses and its revenues are growing.
In Q4 2017, it booked a loss of $1.1 billion on $2.2 billion in revenues.
It comes as the company tries to move past a year of lawsuits and scandals.

Uber has had a chaotic year, battling lawsuits, sex discrimination allegations, and the departure of many of its top execs. But behind the scenes its business has been slowly improving.
The transportation startup narrowed its 2017 fourth-quarter loss to $1.1 billion from a l...

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