Uber Sees Third-Quarter Loss of $800 Million
Uber would likely have to pare some of the losses before its eventual IPO in order not to spook potential investors
Uber Technologies Inc. continued to grow sales but also continued to lose money in the third quarter, according to people familiar with its results, which could cool for now any chances for its hotly-anticipated initial public offering.
The ride-hailing company lost at least $800 million in this year’s third quarter, not including certain items like taxes, interest and the results of its China business, which it sold in the period,...
