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Uber posts $50 billion in annual bookings as profit remains elusive ahead of IPO

Uber posts $50 billion in annual bookings as profit remains elusive ahead of IPO

Autoblog - Reuters

SAN FRANCISCO — Uber Technologies Inc had $50 billion in total bookings for its ride-service and food-delivery businesses last year, a testament to the size and global reach of the company as it prepares to woo investors in one of the biggest public stock listings to date. But figures released by …

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