Uber planning to go public, report says

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Uber is reportedly gearing up to go public.

An IPO for the online ride-hailing service is widely expected in the months to come.

With that in mind, Uber just unveiled some of its key financial data for 2018.

  • The good news is that the company booked $50 billion in rides and meal deliveries last year.
  • The bad news is that the profits weren’t enough to keep Uber out of the red, as it posted a $1.8 billion loss.

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