Uber’s Third-Quarter Net Loss Widens to $1.46 Billion: Source

Uber’s Third-Quarter Net Loss Widens to $1.46 Billion: Source
Uber's logo is pictured at its office in Tokyo, Japan, Nov. 27, 2017. Reuters/Kim Kyung-Hoon/File Photo
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Uber Technologies Inc’s quarterly losses widened, a source familiar with the matter told Reuters on Tuesday, as the ride-hailing company wades through legal troubles and faces regulatory scrutiny across the globe.

The Silicon Valley-based company’s net loss increased to $1.46 billion in the third quarter from $1.06 billion in the previous quarter, the source said.