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The world’s largest transportation operator Uber continues to suffer from the corona pandemic and again suffered a heavy loss in the third quarter. The end result was a loss of $ 1.1 billion (€ 0.9 billion), the taxi competitor announced Thursday after the US market closed. The deep red numbers have not only been normal at Uber since the Corona crisis, a year ago the loss was also slightly higher due to extremely high investment and costs.
After the collapse at the start of the pandemic, business continues to recover, but Uber remains badly affected. Sales in the last quarter fell 18% to $ 3.1 billion. Despite all the problems, the company maintains its goal of generating a quarterly profit before interest, taxes, depreciation and amortization by the end of 2021. However, the numbers were not well received by investors and the shares initially fell sharply. in red. Analysts had expected significantly better results on average.
Uber’s share listed on the NYSE is currently up 6.48% to $ 44.71.
SAN FRANCISCO (dpa-AFX)
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Image sources: Christopher Penler / Shutterstock.com, Mateusz_Szymanski / Shutterstock.com
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