Uber reportedly lost $1.27 billion in just six months – The Verge

The Verge
Uber lost $1.27 billion in the first half of 2016, according to Bloomberg, which on the surface seems like a lot of money. Okay, not just on the surface. It is a lot of money. But this is Uber we’re talking about! The most valuable startup in the world …
Uber Loses at Least $1.2 Billion in First Half of 2016Bloomberg
Uber reportedly lost $1.3 billion in this year’s first halfLos Angeles Times
Did Uber just burst the sharing economy bubble?CNET
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