Uber Lost $1.5 Billion USD Last Quarter

Uber has lost $1.46 billion USD in its the third quarter, more than the $1.06 billion USD in its previous quarter. However, net revenue went up from $1.66 billion USD to $2.01 billion USD, with gross bookings growing to $9.71 billion USD, versus the $8.74 billion USD in the second quarter. Japanese investment firm SoftBank Group, alongside Dragoneer, Sequoia Capital, TPG and Tencent, are interested in purchasing up to $8 billion USD shares from existing Uber shareholders, with Uber offering $32....