On Friday, the global ride sharing company Uber Technology has announced that, it has generated $6.5 billion in revenue in 2016 and its gross booking doubled to $20 billion.
In a report Uber said “We have adjusted a net loss of $2.8 billion, excluding the operation in China, which was sold last year.”
According to a Bloomberg reports, “Uber now valued at $68 billion dollars”. But Uber has not disclosed sits financial result publicly.
Uber did not provide any figures for its first quarter, but a representative of the press said that “it seems to meet expectations.”
In an e-mail statement, Rachel Holt, Regional General Manager for the United States and Canada, said that “We are fortunate to have a healthy and growing business, giving us an opportunity to make a necessary changes in administration and our culture and organization and our relationships with our drivers.”
Recently, Uber has been shaken by number of setbacks, including the detailed allegations of sexual harassment made by a former female employee and a video showing of Uber CEO Travis being harsh on Uber drivers.
The company is in the course of hiring a COO to help the company images, and repair the company blotchy image and improve its culture.
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