Uber warns it 'may not achieve profitability' as it aims for $100bn valuation

Uber reported revenues of $11.27bn for 2018 and a loss of $1.85bn, warning that operating expenses will increase as company goes publicThe ride hailing service Uber made public details about its fast-growing and massively loss-making business on Thursday, as it gets ready to become a public company and warned it may never “achieve profitability”.The 10-year-old company that has transformed the taxi industry will become the latest Silicon Valley “unicorn” – a private