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Uber's Annual Losses Continue To Mount.

: 02/14/2018 - 17:38

Uber's annual losses have grown by 61 percent over the last year.

The taxi-hailing firm went into the red by 3-point-3 billion pounds in 2017 - but narrowed its losses in the last quarter.

The group also saw annual revenues rise 85 percent, and Uber says it wants to make an underlying profit by next year.

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