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Uber’s Q1 Profit Thanks To Sale Of Grab

May 24, 2018
Uber
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Uber’s Q1 Profit Thanks To Sale Of Grab

May 24, 2018
Uber was able to turn a $2.5 billion profit during the first quarter of 2018, due to the company selling its Southeast Asian business to Grab and its Russian business to Yandex. According to Bloomberg, Uber revealed it has $6.3 billion in cash, not including a $1.5 billion term loan that the company inked in […]