Detailed text transcripts for TV channel - MSNBC - 20190809:09:50:00
Million. not as deep a loss as some anticipated but they have said they are going to review their pricing. they've talked about introducing a new about introducing a new pricing algorithm to predict what riders would pay at the start of the ride. but uber yesterday announced a $5.2 billion loss for the quarter. much bigger than analysts had been anticipated. a big chunk of that, $3.9 billion is from the stock based compensation but they spent a lot of money recruiting any drivers and signing up for the other incentives like ubereats and their scooters but they have said that going forward, the...