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Companies & Markets

Uber's third-quarter adjusted loss widens to US$743m: FT

Published Wed, Nov 29, 2017 · 03:24 AM
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[BENGALURU] Uber Technologies Inc's quarterly adjusted losses widened to US$743 million, up 14 per cent from the previous quarter, the Financial Times reported on Tuesday.

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

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

Uber was not immediately available to comment.

REUTERS

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