Uber unveils IPO with warning it may never make a profit

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Uber unveils IPO with warning it may never make a profit

Lost US$3 billion in 2018.

Uber Technologies has 91 million users, but growth is slowing and it may never make a profit, the ride-hailing company said in its initial public offering filing. The document gave the first comprehensive financial picture of the decade-old company which was started after its founders struggled ...

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