Uber posts wider quarterly loss, forecasts profit in 2021

Uber posts wider quarterly loss, forecasts profit in 2021

FILE PHOTO: Chief Executive Officer Dara Khosrowshahi of ride-hailing app Uber pictured on stage during an event in New York City, New York, U.S., September 5, 2018. REUTERS/Carlo Allegri/File Photo

Uber Technologies Inc. disappointed investors with quarterly results showing lackluster gains in bookings and monthly active users, two of the metrics most closely watched by Wall Street.