/ / / Uber’s growth strategy: $1 billion says there could be a weakness

Uber’s growth strategy: $1 billion says there could be a weakness

Uber has been growing and perfecting their services, as well as gaining more and more customers and markets in recent years. The ride-hailing company’s customers have grown to more than 111 million and its total revenue has risen by 37% in a year. With this international success, over the past five years, Uber has started to take on several side projects on top of what it’s already got. But is this such a good idea at this time?

According to Reuters, the company is this year. Apparently, even though its customer base has grown, it is at a loss on net revenue. Three-quarters of Uber’s revenue ...

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