Uber sees profit by end of 2020, but still expects billion-dollar full-year loss

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Uber sees profit by end of 2020, but still expects billion-dollar full-year loss

Uber Eats bites into profitability.

Uber Technologies on Thursday moved forward by a year its target to achieve a measure of profitability to the fourth quarter of 2020, but the ride-hailing company still expects to lose a total of more than US$1 billion (A$1.49 billion) this year. Uber shares were up 5 percent in after-hours ...

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