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Uber losses widen as incentives to lure drivers hit revenues – Al Jazeera English

Ride-hailing and food delivery giant reported widening losses for Q2, even as riders returned in bigger numbers.

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Uber Technologies Inc on Wednesday reported widening losses even as trips and deliveries grew as driver incentives hit revenue at the ride-hail and food-delivery company.
Uber posted an adjusted $509m second-quarter loss before interest, taxes, depreciation…

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