Uber's quarterly loss said to exceed $800m after China exit

Uber's quarterly loss said to exceed $800m after China exit

An uber driver using the app

Even as Uber Technologies Inc. exited China, the company’s financial loss has remained eye-popping. In the first nine months of this year, the ride-hailing company lost significantly more than $2.2 billion, according to a person familiar with the matter. In the third quarter, Uber lost more than $800 million, not including its Chinese operation.

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