Uber Losses Reach Double Digits in Second Day of Trading

Uber's shares fell significantly after its IPO, reflecting market concerns about its profitability and growth. The company faces challenges in its core ride-hailing business, which is slowing down, and must invest heavily in R&D and subsidies. Uber Eats, its food delivery service, holds a significant market share but also faces competition. Analysts have mixed views on Uber's future, with some optimistic about long-term success if the company executes its strategy well.

What was one of the main financial challenges Uber faced after its IPO?

• A $3 billion loss over 12 months

• A decrease in market share

• A rise in stock prices

• A significant increase in profits

What is the expected change in Uber's ride-hailing revenue in the first quarter?

• No change

• An increase of 5%

• A decrease of 1%

• An increase of 10%

Which competitor of Uber has also experienced a decline in stock value since its IPO?

• Lyft

• Ola

• Grab

• Didi

What is one of the businesses Uber is relying on to achieve profitability?

• Uber Eats

• Uber Air

• Uber Freight

• Uber Health

According to an analyst, what could Uber achieve with perfect execution in the next 12 to 18 months?

• A reduction in operational costs

• A valuation of $50 billion

• A valuation of $100 billion or more

• A decrease in market competition