Uber burned through about $10.7 billion in 9 years: Report
US-based ride-hailing startup Uber has burned through about $10.7 billion since it was founded nine years ago, according to Bloomberg. With a net revenue of $7.4 billion, Uber has $6 billion cash in hand and investors reportedly contributed about $17.3 billion to the startup. No other company has burned such a huge amount in initial stages, as per the data. 