Tag: california

BUSINESS Commerce

Uber Suffers Loss Despite $6.5 Billion in Revenues Last Year

Uber Technologies Inc., the transportation network company headquartered in San Francisco, California, the United States, which operates in 570 cities worldwide reportedly generated $6.5 billion in revenue last year and shows gross bookings doubling to $20 billion. Its adjusted net loss was $2.8 billion, excluding its operation in China which it sold last year. It is estimated that the company […]