Uber’s Loss Decelerates, Reflecting China Exit — The Information (Dec 19, 2016)

Uber may have long since outgrown the startup label, but its financial state continues to suggest its aptitude. Its loss-leading strategy to win market share doesn’t seem to have fazed repeated rounds of investors, but continues to generate headlines. The big question remains whether there’s a path to profitability anytime soon here, in well-established individual markets at least.

via Uber’s Loss Decelerates, Reflecting China Exit — The Information

see also Bloomberg

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• Uber

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