Uber costs in the first half of 2015 amounted to about a billion dollars

According to Business Insider, journalist Amir Efrati (Amir Efrati) from the electronic news publication The Information published documents received from unknown sources with some financial information about the financial losses of Uber.

According to data obtained by Amir Efrati, in the first half of last year, Uber costs amounted to about a billion dollars. This means that in the first two quarters of 2015, Uber spent almost 50% more financial resources than during the whole of 2014 (then Uber's expenses amounted to 671 million dollars for the whole year).

By analyzing this information, it can be concluded that the reasons for the company's rising costs were difficulties with the development of services in China and India. However, Uber expects that older markets in developed countries will help the service generate billions of dollars in profits in the future.
')
Even in spite of the fact that the company's expenses increased, the income increased, and with it the profit of Uber, and it increased by three times, reaching more than $ 1.5 billion, and by the end of June last year, the company’s bank accounts 4.1 billion dollars.

The total revenue from online reservations was $ 2.1 billion in the second quarter of 2015. For comparison, for the entire 2014, revenues did not exceed $ 2.9 billion.



According to the documentation received, Uber's profit in 2014 before taxes and various deductions ( EBITDA ) amounted to $ 495.3 million. In the first quarter of 2015, the company received $ 287.3 million, and in the second quarter - $ 375.9 million, so in the first half of 2015, Uber earned $ 663 million.



UPDATE: In order to avoid further speculation in financial terms, the latest updated, also added screenshots of documents.