Uber Bled More Than $1 Billion During The First Half Of 2016
Even for the most valuable startup in the world, that's a lot of money.By Briana Altergott | August 26, 2016
Like the old saying goes: You have to spend money to make money.
And it looks like Uber has definitely got the spending part of that mantra down.
According to a report from Bloomberg out Thursday, the ride-hailing company lost at least $1.27 billion during the first six months of 2016.