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Uber lost 2.6 billion USD in Q2 and here is the reason

Published: August 3, 2022

The net loss included a $1.7 billion net headwind (pre-tax) relating to Uber's equity investments, primarily due to aggregate unrealized losses related to the revaluation of Uber's Aurora, Grab, and Zomato stakes.

Source: indiatvnews.com

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