Uber Confirms New $1.2B Funding Round, Looks to Asia for Expansion

Re:Uber Confirms New $1.2B Funding Round, Looks to Asia for ... by mbesto on Thursday December 04, 2014 @02:35PM (#8701169)

Uber is already on track for $1b in revenue*

*gross revenue. Big difference.

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Re:Uber Confirms New $1.2B Funding Round, Looks to Asia for ... by pbreit on Thursday December 04, 2014 @05:04PM (#8701970)

Actually on track for $10b gross and $2b net.

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Re:Uber Confirms New $1.2B Funding Round, Looks to Asia for ... by mbesto on Thursday December 04, 2014 @08:42PM (#8702705)

I can only find one source[0] and it's source is quoted as "is what I'm hearing" for an estimate at the end of the FY2015 (13 months from now). That's pretty bold stance without any real confirmation.

[0] - http://www.businessinsider.com/ubers-revenue-2014-11

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Re:Uber Confirms New $1.2B Funding Round, Looks to Asia for ... by pbreit on Thursday December 04, 2014 @10:48PM (#8702938)

Either way, the $1b is net, not gross.

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