Description: The ride-hailing giant opens up about its financials for the first time in an interview with Bloomberg.

Source: Bloomberg.com

Date: April 14, 2017

Link: https://www.bloomberg.com/news/articles/2017-04-14/embattled-uber-reports-strong-sales-growth-as-losses-continue

Questions for discussion:

• What does the report say abount Uber’s financials?
• On the whole, should the firm’s investors be satisfied?
• How will this disclosure affect any future IPO?