It's the revolutionary low-cost taxi app that has changed the way people travel the world over - and it is apparently operating at an exorbitant loss, according to some leaked figures. Uber, the California-based ride-hailing giant worth an estimated $50 billion, is reportedly losing $470 million in international operating costs. That figure sits with the $417 million Uber is said to be banking in revenue, leaving a negative sum of $33 million. The numbers were made public Tuesday by Bloomberg News, which obtained documents they say were recently given to prospective Uber investors. The documents are being used to help raise $1.2 billion so that Uber can continue its mass expansion.Uber recorded $470 million in operating losses on $415 million in revenueLeaked figures from a bond prospectus obtained by Bloomberg NewsUber reportedly using the documents to raise $1.2 billionCompany spokesperson said the figures were 'old'Papers also say Uber is moving at a 300 percent year-over-year growthThe app is currently operating in over 300 cities worldwide
Hourdajian also confirmed the documents were not distributed by _.