Uber just shared its financial numbers and it lost $2.8 billion in 2016
Uber released its numbers to the public for the first time ever to show that its sales growth has remained strong even as it entered a tumultuous 2017.
Here are its key financials for 2016, per Uber's release to Bloomberg:
- Gross bookings: $20 billion (double its 2015 numbers)
- Net revenue: $6.5 billion (excluding China)
- Adjusted net losses: $2.8 billion
According to Bloomberg, Uber's revenue is "only the portion Uber takes from fares, except in the case of its carpooling service; the company counts the entire amount of an UberPool fare as revenue."
Developing... This story will be updated.