Thursday, November 15, 2018

Uber reports Q3 net loss of $939M, up 32% QoQ, as revenue rose 38% YoY to $2.95B; gross bookings rose to $12.7B; Eats had gross bookings of $2.1B, up 150% YoY (Megan Rose Dickey/TechCrunch)

Megan Rose Dickey / TechCrunch:
Uber reports Q3 net loss of $939M, up 32% QoQ, as revenue rose 38% YoY to $2.95B; gross bookings rose to $12.7B; Eats had gross bookings of $2.1B, up 150% YoY  —  Uber, which is expected to go public sometime next year, just released its Q3 2018 financial results.



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Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; it was last valued at $1.2B in 2024 (Meir Orbach/CTech)

Meir Orbach / CTech : Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; ...