losses

Uber, Lyft Shares Plummet To Record Lows Amid Investors’ Scrutiny

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  |  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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GameStop Will Continue Closing Stores Amid Customer Pivot To Digital
GameStop Will Continue Closing Stores Amid Customer Pivot To Digital
September 11, 2019  |  Retail

GameStop said on an earnings call that it’s going to close somewhere between 180 and 200 stores in an effort to expand its profitability, which...

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Losses Mount For India’s Paytm Parent One97
Losses Mount For India’s Paytm Parent One97
September 10, 2019  |  Mobile Payments

Paytm’s parent One97 Communications posted $549 million in net losses for the fiscal year ending in March, according to reports on Monday (Sept. 9). Get...

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Investors Sour On Uber, Lyft
Investors Sour On Uber, Lyft
September 03, 2019  |  Ridesharing

Shares of Uber and Lyft hit their lowest levels ever on Tuesday (Sept. 3). Get the Full Story Complete the form to unlock this article...

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Uber Shares Sink 7.6 Pct. To Record Low After Staggering Q2 Loss
Uber Shares Sink 7.6 Pct. To Record Low After Staggering Q2 Loss
August 12, 2019  |  Ridesharing

Uber shares have hit their lowest level ever following devastating Q2 losses of $5.2 billion, according to a report by CNBC. Get the Full Story...

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Uber Dials Back New Engineering Hires
Uber Dials Back New Engineering Hires
August 11, 2019  |  Ridesharing

Facing losses, San Francisco-based Uber is instituting a tech hiring freeze among other cost-savings measures, Bloomberg reported. Get the Full Story Complete the form to...

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