losses

Postmates CEO Says Grubhub Stock Plunge Doesn’t Reflect Wider Industry

Postmates CEO Says Grubhub Stock Plunge Doesn’t Reflect Wider Industry
Postmates CEO Says Grubhub Stock Plunge Doesn’t Reflect Wider Industry
November 07, 2019  |  Retail

Following Grubhub’s earnings report and stock plunge, the chief executive of a competing service said Grubhub’s results do not reflect the potential of the wider...

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HSBC Announces U.S., U.K. Restructuring Amid Q3 Losses
HSBC Announces U.S., U.K. Restructuring Amid Q3 Losses
October 28, 2019  |  B2B Payments

Losses at some HSBC businesses are causing the bank — Europe’s largest — to restructure, CNBC reported Monday (Oct. 28). Get the Full Story Complete...

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Metro Bank Chairman Leaves Board Amid Q3 Losses
Metro Bank Chairman Leaves Board Amid Q3 Losses
October 23, 2019  |  Earnings

Metro Bank Co-founder and Chairman Vernon Hill stepped down as chairman on Wednesday (Oct. 23) after the bank reported a net loss of £4.9 million...

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Uber Losses Trigger $228M Write-Off At PayPal
Uber Losses Trigger $228M Write-Off At PayPal
October 09, 2019  |  Investments

PayPal lost $228 million in the third quarter partially due to Uber’s failure to make money, Bloomberg reported on Tuesday (Oct. 8). Get the Full...

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SoftBank Losses From WeWork, Uber Failed IPOs Top $5B
SoftBank Losses From WeWork, Uber Failed IPOs Top $5B
October 08, 2019  |  Investments

Analysts are starting to weigh in on the mounting damages SoftBank could incur after such mishaps as WeWork and Uber, Bloomberg reported on Monday (Oct....

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Deliveroo Expansion Triggers Big Revenue Growth, Losses
Deliveroo Expansion Triggers Big Revenue Growth, Losses
October 02, 2019  |  Delivery

Food delivery company Deliveroo saw huge revenue growth in 2018, but its losses also grew as it expanded and poured money into new areas and...

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Uber, Lyft Shares Plummet To Record Lows Amid Investors’ Scrutiny
Uber, Lyft Shares Plummet To Record Lows Amid Investors’ Scrutiny
October 01, 2019  |  Ridesharing

Shares of Uber and Lyft hit new lows Tuesday (Oct. 1) as both rideshare giants struggle after going public. Get the Full Story Complete the...

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Revolut Eyes Growth As Losses Mount
Revolut Eyes Growth As Losses Mount
October 01, 2019  |  Digital Banking

After starting out the week with a bang and announcing a big new partnership with Visa, Revolut today (Oct. 1) reported that in 2018, its...

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Goldman’s Marcus Has Lost $1.3B Since 2016
Goldman’s Marcus Has Lost $1.3B Since 2016
September 29, 2019  |  Banking

Consumer bank Marcus, launched by Goldman Sachs in 2016, has lost $1.3 billion despite buying startups and building call centers in Utah and Texas, The...

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