Here's how much money Uber spent in 3 months

Uber Technologies, Inc. is a USA based multinational transportation network company (TNC) offering services that include peer-to-peer ridesharing, ride service hailing, food delivery, and a bicycle-sharing system.

The company is based in San Francisco and has operations in over 785 metropolitan areas worldwide. Its platforms can be accessed via their websites and mobile apps.

It has 110 million worldwide users as of 2019:

Here’s how much money Uber spent in 3 months

Stock-based compensation: $3.9 billion

Driver rewards: $299 million

Research and development: $3.06 billion

General and administrative: $1.6 billion

Sales and marketing: $1.2 billion

Operations and support: $864 million

Check out this infographic for more information.

Here's how much money Uber spent in 3 months

Source: businessinsider.in

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