How Uber Lost More Than $1 Billion in the First Half of 2016
 By MIKE ISAAC

 The numbers underscore the difficulties that Uber and other ride-hailing companies face when trying to build and expand globally.

 Published: August 25, 2016 at 06:00PM

 via NYT Technology http://www.nytimes.com/2016/08/26/technology/how-uber-lost-more-than-1-billion-in-the-first-half-of-2016.html?partner=IFTTT