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SE: The Key Takeaways From Uber's Disappointing Results

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Bloomberg Technology via Youtube

Aug.08 — Uber Technologies Inc. failed to surpass analysts’ expectations in the way its hometown rival did the day before, sparking a selloff in after-hours trading. Uber’s second-quarter adjusted sales fell short of estimates, and it posted an eye-watering $5.24 billion net loss. Bloomberg Intelligence’s Mandeep Singh breaks down the numbers on “Bloomberg Technology.”

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