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Uber’s crisis deepens with record quarterly loss
- Analemma_ 9y agoAccording to the article, Uber lost $1.5 billion in Q2 2017, compared to $1.1 billion in Q1 and $2.8 billion for all of 2016, and at the current burn rate they probably have about a year of cash left if they don't raise more. If their cheerleaders are right and they really do have a switch to become profitable, uh, now would be the time.