{"id":13251,"date":"2024-02-07T18:37:39","date_gmt":"2024-02-07T17:37:39","guid":{"rendered":"https:\/\/costops.com\/index.php\/2024\/02\/07\/landmark-moment-as-uber-unveils-first-annual-profit-as-limited-company\/"},"modified":"2024-02-07T18:37:39","modified_gmt":"2024-02-07T17:37:39","slug":"landmark-moment-as-uber-unveils-first-annual-profit-as-limited-company","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2024\/02\/07\/landmark-moment-as-uber-unveils-first-annual-profit-as-limited-company\/","title":{"rendered":"Landmark moment as Uber unveils first annual profit as limited company"},"content":{"rendered":"<p>Controversial US taxi app firm turns $1.8bn loss into $1.1bn profit after years of spending billions of investors\u2019 cash to expand<\/p>\n<p>Uber has reported its first ever annual operating profit as a limited company in a landmark moment for a business that spent billions of dollars of investors\u2019 money in an <a href=\"https:\/\/www.theguardian.com\/news\/2022\/jul\/15\/embrace-the-chaos-a-history-of-ubers-rapid-expansion-and-fall-from-favour\">aggressive and often controversial expansion<\/a> around the world.<\/p>\n<p>The US taxi app company said it made $1.1bn (\u00a3870m) in 2023, compared with a loss of $1.8bn the year before.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2024\/feb\/07\/landmark-moment-as-uber-unveils-first-annual-profit-as-limited-company\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/d992319ad115e4ffcc99186053c521a0bbf811ee\/0_192_5760_3456\/master\/5760.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=84327fc8131c77d416d9332e8d279000\" title=\"Landmark moment as Uber unveils first annual profit as limited company\" \/>Controversial US taxi app firm turns $1.8bn loss into $1.1bn profit after years of spending billions of investors\u2019 cash to expand<br \/>\nUber has reported its first ever annual operating profit as a limited company in a landmark moment for a business that spent billions of dollars of investors\u2019 money in an aggressive and often controversial expansion around the world.<br \/>\nThe US taxi app company said it made $1.1bn (\u00a3870m) in 2023, compared with a loss of $1.8bn the year before. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Controversial US taxi app firm turns $1.8bn loss into $1.1bn profit after years of spending billions of investors\u2019 cash to expand Uber has reported its first ever annual operating profit as a limited company in a landmark moment for a business that spent billions of dollars of investors\u2019 money in an aggressive and often controversial &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2024\/02\/07\/landmark-moment-as-uber-unveils-first-annual-profit-as-limited-company\/\"> <span class=\"screen-reader-text\">Landmark moment as Uber unveils first annual profit as limited company<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":13252,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/13251"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=13251"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/13251\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/13252"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=13251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=13251"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=13251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}