Publish button
Download
Login to download. Need an ID and password? Register now!
BUSINESS: Uber’s woes and losses grow infographic
Responsive button
Adapt

Uber’s woes and losses grow

10/09/2017
Graphic News

October 9, 2017 -- Uber has suspended its unlicensed UberPOP service in Norway’s capital, Oslo. Uber recently lost its license to operate in London, and several other European capitals have also banned the service.

Uber lost $671.4 million in 2014, $1.68 billion in the first half of 2015 and $2.8 billion last year.

Uber appears to be operating on a “scale first, revenue second” principle, losing money to gain market share in emerging markets that have fierce incumbent taxi services.

According to one projection seen by theinformation.com, Uber could generate an $8.2 billion profit in 2019 from $22.7 billion in net revenue. During the next four years, according to the projection, Uber would expect to generate nearly $14 billion in profit in developed markets.


Welcome to Graphic News

October 12, 2017: The Index and Website Guide have been improved to give greater accessibility


October 12, 2017: The results of a search can now be displayed one graphic at a time. So to run through the latest graphics, select the language flag on the top bar, and then the display option you want


November 1, 2017: The bulk of our Olympics graphics package will be available. Some already released


Please get in the habit of logging in when you arrive as some pages may soon be restricted


If you need help or have questions, please contact us

Cookies