Uber net loss widens to $1.4 bn in third quarter: Report
Uber's net loss has widened to $1.46 billion in the third quarter from $1.06 billion in the previous quarter, according to reports. However, Uber's net revenue surged 21% to $2.01 billion in the third quarter from $1.66 billion in the second one. This comes amid reports suggesting that Tencent and Sequoia Capital alongside SoftBank plan to invest in Uber. 