The net loss included a $1.7 billion net headwind (pre-tax) relating to Uber s equity investments, primarily due to aggregate unrealized losses related to the revaluation of Uber s Aurora, Grab, and Zomato stakes.
Uber breach was not reported to the FTC until approximately a year later, when new executive leadership was managing the company, revealed the Justice Department.
Uber Update: Uber will offer several million dollars in compensation to more than 65,000 Uber users who were charged discriminatory fees due to disability.
The step by Uber, after getting feedback from drivers, now makes the ride-booking experience hassle-free for both the drivers and the consumers by showing the destination.