As Uber Prepares for I.P.O., Its Losses Pile Up [www.nytimes.com]
Uber business - and losses - grows ahead of IPO [www.axios.com]
Uber reports $3B in Q4 revenue, rising operating losses [techcrunch.com]
403 Forbidden [news.crunchbase.com]
Uber reports full-year 2018 financial results [www.cnbc.com]
Are you a robot? [www.bloomberg.com]
Are you a robot? [www.bloomberg.com]
Are you a robot? [www.bloomberg.com]
Uber's growth slowdown is the big story from the latest financials. From Q3 to Q4 revenue only grew 2 percent.
— Eric Newcomer (@EricNewcomer) February 15, 2019
Year over year Q4 revenue grew 25 percent down from 38 percent the quarter before
Uber's net revenue growth rate, year-over-year:
— Shira Ovide (@ShiraOvide) February 15, 2019
1Q 2018: 70%
2Q 2018: 63%
3Q 2018: 38%
4Q 2018: 25%
Not a stellar setup for an IPO.
Uber’s annual revenue:
— Jon Erlichman (@JonErlichman) February 15, 2019
2018: $11.3 billion
2017: $7.5 billion
2016: $6.5 billion
2015: $2.0 billion
2014: $495 million
2013: $104 million
2012: $21 million
Source: company, estimates
For comparison Amazon has 20x Uber's revenue, and Amazon's 4Q growth rate was 20%. https://t.co/80C19WWPzI
— Shira Ovide (@ShiraOvide) February 15, 2019
the co was damn close to flat/neg growth in Q4, inclusive of Eats; does that mean that ridesharing shrank in Q4? very confusing.
— alex (SF) (@alex) February 15, 2019
Capturing Uber's losses is challenging. Adjusted numbers tend to undersell the amount of money out the door. But the GAAP numbers take credit for selling to Grab.
— Eric Newcomer (@EricNewcomer) February 15, 2019
Without a huge tax accounting windfall Uber would have lost $1.2 billion in Q4https://t.co/ljr1GMn12c
As Uber Prepares for I.P.O., Its Losses Pile Up. What we already knew years ago. https://t.co/5XwHGkxKDS
— Steve Garelick (@steve_garelick) February 15, 2019
Uber business—and losses—grow ahead of IPO https://t.co/ZtVoSbMgCW pic.twitter.com/Sdcln4PoOO
— Rich Tehrani (@rtehrani) February 15, 2019
Uber business—and losses—grow ahead of IPO https://t.co/rX3fNeLVIv
— Dan Primack (@danprimack) February 15, 2019
Uber reports $3B in Q4 revenue, rising operating losses – TechCrunch https://t.co/lYOi6FzQdy
— Tony B (@Anthony23Bryant) February 15, 2019
Uber reports $3B in Q4 revenue, rising operating losses | TechCrunch https://t.co/vSMqwsuy4e
— kim barrett (@kimbarrett) February 15, 2019
Uber reports $3B in Q4 revenue, rising operating losses https://t.co/LToGv7e35v via @techcrunch
— Ken Yeung (@thekenyeung) February 15, 2019
— alex (SF) (@alex) February 15, 2019
Uber reports full-year 2018 financial results ???????????????? https://t.co/DuDwmqGWUT
— kim barrett (@kimbarrett) February 15, 2019
BREAKING: In Dara Khosrowshahi's first full year as Uber CEO, the company narrowed losses and continued to grow revenue, but at a slower pace. Uber is self-reporting full-year 2018 revenue of $11.3B, up 43% year-over-year, down from 61% in 2017. https://t.co/GOxtVZzxzV
— CNBC Now (@CNBCnow) February 15, 2019
"Uber's growth slowed dramatically in 2018" https://t.co/zhy34Rmi2V GREAT TIME FOR THE IPO!
— Mark B. Spiegel (@markbspiegel) February 15, 2019
Capturing Uber's losses is challenging. Adjusted numbers tend to undersell the amount of money out the door. But the GAAP numbers take credit for selling to Grab.
— Eric Newcomer (@EricNewcomer) February 15, 2019
Without a huge tax accounting windfall Uber would have lost $1.2 billion in Q4https://t.co/ljr1GMn12c
Uber Revenue Growth Slows, Losses Persist as 2019 IPO Draws Near https://t.co/N4Bour0bij
— DanA12 (@Sammyscarf) February 15, 2019
Everybody read @EricNewcomer ?????? https://t.co/1wFRlLBjtD https://t.co/80C19WWPzI
— Shira Ovide (@ShiraOvide) February 15, 2019
Uber's revenue growth slowed and losses persisted in the fourth quarter, casting a possible shadow over the ride-hailing giant as it prepares for a public offering this yearhttps://t.co/F9zn8G0ree
— Bloomberg Markets (@markets) February 15, 2019
Anyone who buys shares in this is going to get their fingers burnt. https://t.co/tUzg1nQTHA
— Len Martin (@TX1Fan) February 15, 2019