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Revenue: $3.4B Loss: $708M Growth: 18% Quarter over quarter Cash to burn: $7.2B With the current burn rate, Uber can burn another 10 quarters.
by nullnilvoid 9y ago
Revenue: $3.4B
Loss: $708M
Growth: 18% Quarter over quarter
Cash to burn: $7.2B
With the current burn rate, Uber can burn another 10 quarters.
- skinnymuch 9y agoWell the loss this past quarter went down. Though yeah, it doesn't seem like they are looking to break even any time soon.
- IAmGraydon 9y agoThat would be at 0% growth, which is unlikely.
- dx034 9y agoIf much of the growth comes from Pool (where gross fares count as revenues, not their cut), growing revenue could actually increase losses.
- tmh79 9y agothey also have about 3B in credit available to them