Tag Archives: billiondollar

Uber’s plan to turn billion-dollar losses into profits isn’t crazy

Uber CEO Dara Khosrowshahi in December 2019.

Enlarge / Uber CEO Dara Khosrowshahi in December 2019. Scott Heins/Getty Images Uber announced on Thursday that it lost $1.1 billion in the fourth quarter of last year. As I said last quarter, this wasn’t a surprise. After all, Uber lost $1 billion in the first quarter of 2019, a …

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