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

Please get in the habit of logging in when you arrive as some pages may soon be restricted. If you are new to Graphic News there is a Website Guide to help you find your way around.


November 24, 2017 — Ai2HTML screen graphics - The script has been updated to allow multiple screen graphics to be published on the same web page. Click here for instructions


November 24, 2017 — Training - mobile graphics- The GN AI2HTML method is very fast and easy. It allows designers with conventional design skills to produce responsive “mobile” friendly graphics to meet news deadlines. Contact helpdesk @ graphicnews.com if you would like to join our next training course.


If you need help or have questions at any time, please contact us

Cookies