Uber's rapid growth accompanied by rapid losses

According to a set of internal financial documents – covering 2013-2014 – obtained by Gawker, Uber is hemorrhaging cash, and has been operating at a loss for at least the last few quarters. This alone is hardly alarming, many of the largest tech companies barely turn a profit, but it is significant in that this is […] The post Uber’s rapid growth accompanied by rapid losses appeared first on Nibletz.