Uber operates in 65 countries and has completed 10 billion trips worldwide. Photo: AP

Uber CEO acknowledges self-inflicted wounds as company reveals strong growth, huge losses ahead of listing

  • Company has racked up about US$8 billion in losses over its 10-year existence
  • Profit of US$997 million last year a result of windfall from the sale of its operations in Russia and Southeast Asia
Topic |   Uber

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Uber operates in 65 countries and has completed 10 billion trips worldwide. Photo: AP
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Uber plans to make its IPO registration with the US Securities and Exchange Commission publicly available on Thursday. Photo: AFP

At US$10 billion, Uber’s listing to be largest since Alibaba’s in 2014

  • Company to seek valuation of between US$90 billion and US$100 billion
Topic |   Uber

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Uber plans to make its IPO registration with the US Securities and Exchange Commission publicly available on Thursday. Photo: AFP
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