Uber has announced it made a loss of a whooping $708million in the first 3 months of the year despite posting revenue of $3.4 billion.
"The narrowing of our losses in the first quarter puts us on a good trajectory towards profitability," Uber said in a statement to CNBC.
But Gautam Gupta, the...
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Uber’s communications chief has resigned from the ride-hailing firm as it reels from a wave of public relations crises.
CEO Travis Kalanick announced the departure of Rachel Whetstone, Uber’s head of policy and communications, in a memo to staff Tuesday.
Rachel is the latest in a series of top...
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