Uber Lost $1.1 Billion Despite Growing Revenue

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Uber Lost $1.1 Billion Despite Growing Revenue
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Uber lost $1.1 billion despite growing revenue by bizcarson

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Uber’s revenue grew 30% year-over-year to $3.81 billion for the third quarter, beating analyst estimates of $3.69 billion, according to Refinitiv. Its loss of $0.61 per share was better than analyst expectations of $0.81.

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