Uber unveils IPO with warning it may never make a profit


Uber Technologies Inc has 91 million users, but growth is slowing and it may never make a profit, the ride-hailing company said on Thursday in its initial public offering filing.

The document gave the first comprehensive financial picture of the decade-old company which was started after its founders struggled to get a cab on a snowy night and has changed the way much of the world travels. The S-1 filing underscores the rapid growth of Uber’s business in the last three years but also how a string of public scandals and increased.....

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