Uber takes a heavy loss, but its turnover delights Wall Street

Uber takes a heavy loss, but its turnover delights Wall Street

Despite a net loss of $2.6 billion in the second quarter, Uber more than doubled its revenue from April to June and far exceeded market expectations. On Wall Street, the action of the giant car rentals with drivers and home meal delivery soared by nearly 15%, to 28.27 dollars, at the start of the session. …

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