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Uber’s Losses Continue Before Initial Public Offering

FILE -- Dara Khosrowshahi, the chief executive of Uber, in San Francisco, Aug. 24, 2018. The ride-hailing company said on Nov. 14, 2018, that it lost $1.07 billion in the third quarter, more than in the prior period and slightly less than in the same period a year ago, as it has invested heavily outside of its core business in areas such as bicycles, scooters and freight shipments. (Anastasiia Sapon/The New York Times)