"Uber has notched yet another quarter of staggering losses....

"Uber has notched yet another quarter of staggering losses.

That's according to a new story out from The Information's Amir Efrati, who reports that the ride-hailing company lost more than $800 million in the third quarter of this year. Those losses, which follow a reported $1.27 billion in the first half of the year, put Uber on track to lose $2.8 billion in 2016, according to The Information's calculation."

http://www.msn.com/en-au/money/comp...arter/ar-AAlKJ6w?li=AAgfOd8&OCID=ansmsnnews11