Uber beats estimates in Q2 with record gross bookings of $21.9B, up 114% YoY, adjusted EBITDA loss of $509M, an improvement from $837M YoY
Jessica Bursztynsky / CNBC : Source: Uber .
CNBC Jessica Bursztynsky
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Discussion
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@sharkyl
Sharky Laguana
on x
The business model is to attract investors faster than it loses money, and it is wildly successful. https://twitter.com/...
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@stevekovach
Steve Kovach
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Every tech stonk getting shellacked after hours Roku https://www.cnbc.com/... Etsy https://www.cnbc.com/... Fastly Uber https://www.cnbc.com/... Fastly https://www.cnbc.com/...
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@dangerbrooks
Dan Brooks
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Future students will learn about this company as an example of how utterly fucked our economy was. https://twitter.com/...
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@levynews
Ari Levy
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“disrupting the taxi industry” https://twitter.com/...
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@ldignan
Larry Dignan
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A lot of interesting items in $UBER Q2. Most interesting is its investments in almost IPO companies. Uber marked up Didi this quarter and assuming that's coming right back down next. https://investor.uber.com/...
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@carnage4life
Dare Obasanjo
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This headline is everything you need to know about ride sharing as a business. https://twitter.com/...
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@grady_booch
Grady Booch
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“The patient is bleeding out a little more slowly” is I suppose a positive thing. https://twitter.com/...
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@robotodd
Todd Haselton
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Uber beats estimates, core business lost $509 million in Q2 - by @jbursz (lil surprise profit in there on investment in Didi which cratered in July.) https://www.cnbc.com/...