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Uber has reported on financial success for the II quarter

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Uber has reported on financial success for the II quarter
August 16
09:00 2018

An American company Uber Technologies Inc., known for its democratization of taxi services and food delivery, has reported on the state of its financial affairs for the second quarter of this year. So, the expansion of business has served a purpose: the company managed to reduce the loss by 16%.

The authoritative financial information portal MarketWatch has informed its readers that the net loss of the company for the reporting period was equal to $ 891 million. During the same period last year, the company showed a loss of $ 1.06 billion.

Net income of Uber has increased by 63% to $ 2.8 billion. The gross volume of orders has increased by 41% and reached a value of $ 12.01 billion.

 

The material was prepared with the participation of Katya Gordon,
a leading analyst of the brokerage company CT Trade

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