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Uber loses $1 billion in quarter as costs grow for drivers, food delivery

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Uber loses $1 billion in quarter as costs grow for drivers, food delivery
Uber Technologies Inc reported a $1 billion loss on Thursday as the ride-hailing service spends heavily to build up its food delivery and freight businesses, sending revenues up 20% in its first quarterly report as a public company.


from Reuters: Top News https://reut.rs/2JND1rb
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