NEW YORK — Uber lost $5.24 billion in the second quarter after making huge stock-based payouts in the months following its stock market debut. The ride-hailing giant said Wednesday it paid $3.9 billion in stock-based compensation and expenses during the quarter. It...Full Article
Uber loses $5.24B in 2Q after post-IPO stock payouts
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NEW YORK (AP) — Uber lost $5.24 billion in the second quarter — its largest quarterly loss ever — after making huge..