Uber's leaked financials show the company is still growing - but it's also losing money
Advertisement
Getty
Advertisement
- Uber's third-quarter financials have leaked.
- The company's revenue is growing, but it's still losing money.
- Uber wants to go public by 2019.
Uber's third-quarter financials have leaked to The Wall Street Journal.
The financials show bookings, revenue, expenses, and losses have all grown versus the year-ago quarter as the company rejiggers its leadership and culture and prepares to go public in 2019.
Complimentary Tech Event
Transform talent with learning that works
Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More
Here are the highlights from Uber's third-quarter financials:
- Gross bookings: $9.705 billion vs. $8.741 billion a year ago. (Up 11%)
- Net revenue: $2.013 billion vs. $1.658 a year ago. (Up 21%)
- Net income: -$1.462 billion vs. -$1.064 billion a year ago.
- Total assets (including cash, cash equivalents, investments, and more): $15.64 billion vs. $15.708 billion a year ago.
You can get a deep-dive into the financials over at The Wall Street Journal.
Advertisement
Advertisement
- Thailand is now welcoming Indians with open arms, but are its drought-hit islands really prepared for a tourism influx?
- Thoughtful gift ideas to make Mother's Day extra special
- Muslims up, Hindus down: What’s the larger picture behind India’s religious population trends?
- Scooch over magic mushrooms, toad venom could be the next big psychedelic for depression and anxiety!
- TBO Tek IPO allotment – How to check allotment, GMP, listing date and more