China’s Didi Chuxing Records $1.6 Bn Loss, Facebook’s Troubles Continues To Rise: News From Tech And Startup World

Ride-hailing company Uber made it to the headlines this week after it reported an annual loss of $1.8 Bn (INR 12,845 Cr).

Update: 2019-02-15 22:53 GMT
  • Ride-hailing company Uber made it to the headlines this week after it reported an annual loss of $1.8 Bn (INR 12,845 Cr).
  • Uber has also reported annual revenue of $11.3 Bn (INR 80, 641 Cr) in 2018 which is a 43% increase from 2017.
  • The letter also stated that the company had lost nearly 4 Bn yuan ($59.06 Mn) within the first half of 2018.
  • The post China’s Didi Chuxing Records $1.6 Bn Loss, Facebook’s

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