Uber Posts $708 MILLION Loss. Their Head Of Finance Immediately Bolts From Company



According to the Wall Street Journal, Uber’s head of finance is leaving as the ride-hailing company reported continued big losses for the first quarter. The company’s first-quarter revenue was 3.4 billion dollars, which was up 18 percent from the fourth quarter. Uber’s first quarter loss, excluding employee stock compensation and other items, was 708 million dollars, which was narrower than the 991 million reported three months earlier. Uber has not commented publicly on the news