Uber, Google, Snapchat: Everything that matters this morning
Uber lost $4.5bn in 2017
Ride hailing app Uber lost a whopping $4.5bn (£3.2bn) over the course of 2017, according to its latest financial figures, in a year when it was beset by scandal, including accusations of sexual discrimination, the departure of founder Travis Kalanick as CEO, and the removal of its licence to operate in London. The loss represents a 61% increase on the previous year.
It wasn’t all bad news for the brand, as the company managed to increase sales to $7.5bn. Sur
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