Uber registers 3 bln USD in revenue for Q4 2018
Bangladesh, Feb. 16 -- San Francisco, Feb 16 (Xinhua/UNB) -- U.S. ride-hailing company Uber Technologies Inc. Friday reported 3 billion U.S. dollars in revenue for the fourth quarter of 2018, representing a 25-percent year-on-year increase.
The San Francisco-based firm said it generated a net revenue of about 11.4 billion dollars last year, and the 3 billion dollars in the last three months of the year was a 2-percent growth from the previous quarter.
Compared with the 43-percent annual growth rate of the full year of 2018 and the company's third quarter year-on-year increase of 38 percent, the 25-percent increase showed a slower pace of growth when the company is preparing a stock market debut.
According to Uber, its annual losses shr...
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