Friday , May 14 2021

Red fear: Uber for millions lost

Red fear: Uber for millions lost

San Francisco. The US-Fahrdienstvermittler Uber is still red-deep.

Red fear: Uber for millions lost

Picture: REUTERS

At the end of September, the loss was $ 1.08 billion (€ 945 million). The business areas, such as bicycle, scooter rentals and food distribution services, have been halved.

Uber does not need to publish quarterly results. However, in the year 2019, Americans do this to inform investors prior to the IPO. Compared to the second quarter, revenue grew by 5.4 per cent to $ 3 billion. Compared to the previous year, there was a 38% increase.

Uber is the market capitalization of $ 100 billion. If this value actually gains, any technology company can be the largest IPO at any time. More than three car companies like General Motors, Ford and Fiat Chrysler,

Founded in July 2009. Later, private investors received strong support. Main activity is the main activity of driving offers through smartphone applications. More than 60 countries have become active in the company. It has become a competition for established taxi companies. However, Uber writes from its inception, there is no profit. The company's head Dara has been under pressure from Khosroshahi.

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