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Tag Archives: Uber launches IPO with warning it may never make a profit

Uber launches IPO with warning it may never make a profit


April 13, 2019

NEW YORK: Uber Tech­no­­logies Inc IPO-UBER.N has 91 million users, but growth is slowing and it may never make a profit, the ride-hailing company said on Thursday in its IPO filing. The document gave the first comprehensive financial picture of the decade-old company which was started after its founders struggled to get a cab on a snowy night and has …

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