Uber’s third-quarter loss widens to $743 million

An Uber signage will be displayed outside the company's headquarters building in San Francisco, California, on June 21, 2017.

David Paul Morris | Bloomberg | Getty Images

An Uber signage will be displayed outside the company’s headquarters building in San Francisco, California, on June 21, 2017.

Uber’s quarterly adjusted losses widened to $743 million, up 14 percent through the previous quarter, the Financial Times reported on Tuesday.

The ride-hailing company’s third-quarter net revenue stood at $2 billion, up 14 percent through the previous quarter, the FT reported citing brand-new documents sent to shareholders.

Uber’s quarterly gross bookings were $9.7 billion, the FT reported.

Uber was not immediately available to comment.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

fourteen − twelve =