Uber Technologies Inc. has spent big to expand its ride-hailing service around the globe, a European regulatory filing showed, providing a rare look at the company’s finances. Uber said its international business lost $237 million in 2014, wider than its $32 million loss the previous year, according to a filing it made last month with the Dutch Chamber of Commerce, which handles corporate registrations in the Netherlands. That was the most recent period for which the closely held company was required to report financial data...
New data out yesterday shows that Uber lost $237m in 2014 while it was focussing on international growth. The figures were apparently filed with the Dutch Chamber of Commerce (Uber’s international HQ is in Amsterdam), and although the filing excludes the company's US operations, it offers rare insight into Uber's overseas performance as it quickly expanded globally. It should be noted that in 2014 Uber was available in less than 100 cities around the world, compared to 400 now.