Uber Loses Another $1.16B

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Uber Loses Another $1.16BThe losses at Uber are mounting, but the ride-hailing heavyweight now predicts it will be profitable in about two years. CEO Dara Khosrowshahi said Monday that the company’s goal is to reach profitability—when adjusted for interest, taxes, depreciation, and amortization—for the full year of 2021, the AP reports….

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