Uber revealed that its second-quarter revenue increased 63 percent from the prior year to $2.8 billion, while gross bookings jumped 41 percent to about $12 billion. According to The Wall Street Journal, while the company narrowed its loss to $891 million in the second quarter...
Warren Buffett has confirmed that he has held talks with Uber, with reports saying that his company, Berkshire Hathaway, offered Uber a $3 billion investment earlier this year. “I’m a great admirer of [Uber CEO Dara Khosrowshahi],” Buffett told CNBC. “Some of the reported details...
Uber was able to turn a $2.5 billion profit during the first quarter of 2018, due to the company selling its Southeast Asian business to Grab and its Russian business to Yandex. According to Bloomberg, Uber revealed it has $6.3 billion in cash, not including...
August 16, 2018
Uber revealed that its second-quarter revenue increased 63 percent from the prior year to $2.8 billion, while gross bookings jumped 41 percent to about $12 billion. According to The Wall Street Journal, while the company narrowed its loss to $891 million in the second quarter from $1.1 billion a year ago, the loss was bigger […]
May 31, 2018
Warren Buffett has confirmed that he has held talks with Uber, with reports saying that his company, Berkshire Hathaway, offered Uber a $3 billion investment earlier this year. “I’m a...
May 24, 2018
Uber was able to turn a $2.5 billion profit during the first quarter of 2018, due to the company selling its Southeast Asian business to Grab and its Russian business...
