Uber reveals first-quarter losses of $2.9 billion as the coronavirus pandemic cripples ride-hailing (UBER)

Business Insider

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· *Uber on Thursday said it lost $2.9 billion during the first three months of 2020 as the coronavirus sent ride-hailing volumes plummeting. *
· *The quarterly losses were greater than most investors had expected, while topping their revenue projections. *
· *Shares fell rose slightly in after-hours trading as executives...

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