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Uber Posts $708 Million Loss as Finance Head Leaves – WSJ

Nails, meet coffin. All the signs say senior leadership at Uber believe the company is unfundable at current levels. Prediction: Uber will be another company’s asset within six months. Uber Technologies Inc. said its head of finance is leaving as the ride-hailing company reported continued big losses despite growing revenue, adding to an exodus of […]

Nails, meet coffin. All the signs say senior leadership at Uber believe the company is unfundable at current levels. Prediction: Uber will be another company’s asset within six months.

Uber Technologies Inc. said its head of finance is leaving as the ride-hailing company reported continued big losses despite growing revenue, adding to an exodus of top officials and setting the stage for a second major executive search.

Source: Uber Posts $708 Million Loss as Finance Head Leaves – WSJ

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