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Uber said it lost $700 million in Q1 and it’s looking for a public company CFO as its head of finance leaves

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Uber said it lost $700 million in Q1 and it’s looking for a public company CFO as its head of finance leaves - Apa khabar sahabat TIMES NEW MALAYSIA, Dalam artikel yang anda baca kali ini dengan tajuk Uber said it lost $700 million in Q1 and it’s looking for a public company CFO as its head of finance leaves, kami telah menyediakan dengan baik untuk artikel ini anda membaca dan memuat turun maklumat di dalamnya. mudah-mudahan mengisi jawatan Artikel BOLASEPAK, Artikel NEWS, Artikel PERNIAGAAN, kita menulis ini, anda boleh memahami. Nah, selamat membaca.

Tajuk : Uber said it lost $700 million in Q1 and it’s looking for a public company CFO as its head of finance leaves
link : Uber said it lost $700 million in Q1 and it’s looking for a public company CFO as its head of finance leaves

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Uber said it lost $700 million in Q1 and it’s looking for a public company CFO as its head of finance leaves

Travis Kalanick

REUTERS/Mike Blake

Uber CEO Travis Kalanick

Uber’s head of finance is leaving the company, giving the ride-hailing startup the tricky task of trying to fill two high-level holes in its leadership team as it grapples with multiple scandals and bleeds hundreds of millions of dollars in red ink every quarter.

Uber lost $708 million, excluding stock compensation expenses, in the first three months of the year, an Uber spokesperson told Business Insider. That’s a narrower loss than the $991 million that Uber lost in the prior three months, though the company did not provide a year-ago figure.

The privately-held ride-hailing company said its Q1 revenue increased 18% from the fourth quarter to $3.4 billion.

Uber’s head of finance, Gautam Gupta, is leaving Uber to join an unspecified startup, Uber said. 

Uber said it is launching a search for a CFO with public company experience — a move that could kick off Uber’s march to go public. 

News of Gupta’s departure and Uber’s financial results were first reported by The Wall Street Journal on Wednesday.

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Travis Kalanick

REUTERS/Mike Blake

Uber CEO Travis Kalanick

Uber’s head of finance is leaving the company, giving the ride-hailing startup the tricky task of trying to fill two high-level holes in its leadership team as it grapples with multiple scandals and bleeds hundreds of millions of dollars in red ink every quarter.

Uber lost $708 million, excluding stock compensation expenses, in the first three months of the year, an Uber spokesperson told Business Insider. That’s a narrower loss than the $991 million that Uber lost in the prior three months, though the company did not provide a year-ago figure.

The privately-held ride-hailing company said its Q1 revenue increased 18% from the fourth quarter to $3.4 billion.

Uber’s head of finance, Gautam Gupta, is leaving Uber to join an unspecified startup, Uber said. 

Uber said it is launching a search for a CFO with public company experience — a move that could kick off Uber’s march to go public. 

News of Gupta’s departure and Uber’s financial results were first reported by The Wall Street Journal on Wednesday.

Developing…

Visit Markets Insider for constantly updated market quotes for individual stocks, ETFs, indices, commodities and currencies traded around the world. Go Now!

NOW WATCH:

Loading...
href="http://ift.tt/2rIgTCe">Here’s why Steve Wozniak used to wait in line overnight for new Apple products

Please enable Javascript to watch this video

Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.



✍ Sumber Pautan : ☕ Business InsiderBusiness Insider

Kredit kepada pemilik laman asal dan sekira berminat untuk meneruskan bacaan sila klik link atau copy paste ke web server : http://ift.tt/2sfMlbu

(✿◠‿◠)✌ Mukah Pages : Pautan Viral Media Sensasi Tanpa Henti. Memuat-naik beraneka jenis artikel menarik setiap detik tanpa henti dari pelbagai sumber. Selamat membaca dan jangan lupa untuk 👍 Like & 💕 Share di media sosial anda!



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