The proceeds of uber’s rise, losses and thrive in a quarter of the diversified financial company

عائدات أوبر ترتفع وخسائرها تزداد في ربع مالي متناقض للشركة

Often know to increase income, help to raise the company’s profits or even minimize losses, but this was different with aweber in this quarter, where the company announced uber announced its financial results for the second quarter of 2018 detects increase revenue and losses at the same time.

According to the company, its revenue increased by 51% during the second quarter of this year compared with the same period last year and achieved revenues of $ 2.7 billion, as the company was able to access a record in the number of flights booked has and the$ 12 million is fully. But in spite of that, the company’s earnings before interest, taxes, depreciation and losses of $ 404 million, when calculating the net losses they will be converted to 891 billion, mainly due to the rising costs and exchange.

Despite these losses, the company still owns 7.3 million of cash which makes them in Safe mode for a short period at least the next in the case of continued losses.

The proceeds of uber’s rise, losses and thrive in a quarter of the diversified financial company appeared first on the tech world.

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