UBER EXPECTS PROFIT ONLY BY THE YEAR-END

Highlights 

• The company expects to experience a loss throughout the year. 
• Uber Eats is also undergoing a loss. 

On Thursday, the target to achieve a measure of profitability was moved forwarded by the Uber Technologies Inc. It was moved to the fourth quarter of 2020. However, this year, the company still expects to lose a total of more than $1 bill....