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
Uber said it lost $700 million in Q1 and it’s looking for a public company CFO as its head of finance leaves
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!
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!
Thus Article Uber said it lost $700 million in Q1 and it’s looking for a public company CFO as its head of finance leaves
Anda sedang baca artikel Uber said it lost $700 million in Q1 and it’s looking for a public company CFO as its head of finance leaves dengan alamat pautan https://johorbaharunews.blogspot.com/2017/05/uber-said-it-lost-700-million-in-q1-and.html
0 Response to "Uber said it lost $700 million in Q1 and it’s looking for a public company CFO as its head of finance leaves"
Catat Ulasan