Wednesday, August 5, 2015

What The Leaked Uber Documents Don't Tell Us

According to leaked documents in Gawker, Uber is losing money. That doesn't necessarily mean the company is in trouble.

What appear to be leaked internal Uber documents posted on Gawker indicate the transportation company lost significant amounts of money in recent years. The Gawker story, which includes screenshots of the documents, alleges Uber lost more than $56 million in 2013 and more than $160 million by the first half of 2014, based on an unaudited top-line revenue and expense breakdown. These metrics offer some limited insight on the company's financial history.

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