Uber’s Losses Said to Swell in 2017, but Final Quarter Showed Hope
Ride-share titan Uber on Tuesday revealed that its losses last year swelled despite signs in the final three months that it was stemming the red ink. Figures reported by The Information and confirmed by AFP showed that Uber’s losses in 2017 grew to $4.5 billion (roughly Rs. 28,800 crores) from the $2.8 billion (roughly Rs.…