Uber Q3 loss widens on investment losses, revenue up 72% | WGN Radio 720

 Uber Q3 loss widens on investment losses, revenue up 72% | WGN Radio 720

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FILE – In this Aug. 16, 2019 file photo, the logo for Uber appears above a trading post on the floor of the New York Stock Exchange. Uber on Thursday, Nov. 4, 2021 posted a big rebound in third-quarter revenue thanks to riders and drivers returning from pandemic lockdowns, but its bottom-line loss was wider than Wall Street expected. (AP Photo/Richard Drew, File)

SAN FRANCISCO (AP) — Uber on Thursday posted a big rebound in third-quarter revenue thanks to riders and drivers returning from pandemic lockdowns, but its bottom-line loss was wider than Wall Street expected.

The San Francisco-based ride-hailing company said its third-quarter loss widened to $2.42 billion, or $1.28 per share, from $1.1 billion, or 62 cents per share, in the year earlier quarter.

The latest quarter included…

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