Uber’s third-quarter loss widens to $743 million

Uber’s third-quarter loss widens to $743 million

Uber’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.

Leave a Reply