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Re:New Uber CEO Says Company Could Go Public in 18 Months by tyingq on Wednesday August 30, 2017 @05:30PM (#15136216)
Also from the article: "Adjusted net loss fell almost 9% quarter-over-quarter to $645 million"

So they probably mean gross margin. They did reduce the losses as a qoq comparison. But, it's still $645M lost in a quarter.

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