Uber’s IPO Filing Discloses $1.8B Loss, Raising Worries

Coinspeaker Uber’s IPO Filing Discloses $1.8B Loss, Raising WorriesIn order to pitch its business to investors, and befitting the company’s size and complexity, Uber filed 285 pages, plus 83 more of financial statements. According to it, the company, generated more than $11 billion in net revenue last year, a 42 percent growth rate from the year before.In identifying potential risks for its public filing, Uber acknowledged that it has “incurred significant losses since inception.” The company also acknowledged that its revenue growth has slowed in recent quarters, exacerbating concerns about

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