Uber revenue misses estimates despite easing price war, shares tumble

August 8, 2019 admin Business News Comments Off on Uber revenue misses estimates despite easing price war, shares tumble

Uber Technologies Inc reported lower-than-expected revenue for the second quarter on Thursday, sending shares down 12% as the largest U.S. ride-hailing company failed to show expected benefits of easing price competition.

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Source:: Reuters – Business News

      

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