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Uber Revenue

In business news… now that Uber has gone public, the ride-hailing company has delivered its first quarterly earnings report.  Uber reported a loss of 2-dollars and 26-cents a share on a revenue of 3-billion dollars.

 Uber says results were led by a gain in the number of gross bookings,  which increased 34-percent from a year ago and that averages out to 17-million rides a day in the first quarter that ended March 31.

 

 

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