Uber growth slowed and losses widened between Q2 and Q3, as company expands into new businesses

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While Uber is doing well in India in many other places the company is still experiencing growing pains. In some jurisdictions Uber has been outright banned, in others it has merged with Grab Taxi and still more it is simply under performing.

Uber's losses have ticked up and growth has slowed from last quarter, according to the company's self-reported financials. 

2 COMMENTS

  1. I keep reading mixed messages about UBER are they doing well?: is GRAB catching them, or is there some other fundamental problem with the business?

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