The company's adjusted net loss fell almost 14 percent to US$645 million from the same quarter past year, Uber confirmed.
Uber's many crises have emboldened the company's competitors.
The revenue gain was driven by the number of global trips taken, climbing 150 percent over the past year, with the 250 percent in emerging markets leading growth, followed by a 90 percent increase in developed markets.
The San Francisco company reported a $645 million loss for the second quarter, narrowing from $708 million in the first quarter.
It has been a rocky year for Uber, with co-founder Travis Kalanick resigning from his CEO role in June after a group of investors led by venture capital firm Benchmark demanded his resignation.
The company's cash position stands strong though it was down from the previous quarter due to continuous losses, with $6.6 billion cash at the end of second quarter, less than the $7.1 billion at the end of the first quarter.
Kalanick is asking for the dismissal of an investor lawsuit against him, calling it part of a personal attack aimed at sidelining him.
Uber, which is valued at about $68 billion, has also been with waning confidence among investors. BlackRock estimated Uber shares were worth more at the end of the period. "Mr. Kalanick's actions are chilling the search process and threatening harm to Uber (and Benchmark's investment) by keeping a Uber a 'leaderless, and therefore foundering, corporation'".
Uber posted revenue of $1.75bn in the three months to June, with losses dropping by 9% in the same period, to the still staggering figure of $645m.
Human cloud, ride-sharing firm Uber Technologies Inc. generated $1.75 billion in adjusted net revenue in the second quarter of this year, up from $1.5 billion in the first quarter and about $800 million in the second quarter of 2016. Multiple mutual funds backing Uber recently marked down the value of their stock by as much as 15 percent. For instance, the company is mulling cuts to its US car-leasing business , amid costs that were thousands of dollars higher than expected for each vehicle.
Two cases also have been reported in Arkansas, but Arkansas State Health Department did not say where those cases were reported. Zilka said some residents have criticized mosquito spraying, however he said it is necessary to combat West Nile.
As previously mentioned, the first time Meizu M6 Note stepped out of the shadows is when it was spotted on GeekBench. Meizu even did a low-light comparison between its mid-ranger and the Huawei P10 with its Leica dual camera.
In addition to the 25 percent federal tax that the victor will have to pay, the state will collect 5 percent of the jackpot. Reporters asked if she considered holding onto her ticket and waiting until the excitement died down to come forward.
Prince Harry says his father was there for them, and they were glad to have been part of the day of her funeral. Prince Harry then shares that Diana once lost her patience and confronted the photographers.
Two Kennedys were arrested in Cape Cod, Mass. after they refused to tone down a loud party early Sunday morning. The property does not belong to the Kennedys - although Max lives elsewhere in Hyannis Port .
Samsung will have to talk about quality control, changes in production and testing procedures to regain the faith of consumers. Galaxy Note 8 vs Galaxy S8 Summary: What's the difference? By October, Samsung halted production of the Note 7 entirely.
A few of the employees had also gathered in front of the Regional Office of Canara Bank in Nazarbad and staged protest. However, private sector banks like ICICI Bank , HDFC Bank , Axis Bank and Kotak Mahindra Bank , remained open today.
Police say voluntary evacuations were in effect at Indian Creek from 103rd and Stateline to Wornall Road and 99th and Holmes. The flooding prompted several schools in the region to either cancel Tuesday's classes or delay the start of them.
Allow contributions only from those who are at least 21 years old, the legal minimum age to purchase lottery tickets in Iowa. Levi Kuznicki, a cashier at a Mobil station in Coeur d'Alene, described the lottery craze in recent days as "insane".
In terms of design, the Gionee X1 sports a metal unibody design with a metal frame all around, giving it an overall premium look. Promotional offers that come with the phone include 10 GB additional data per month for Airtel subscribers for 6 recharges.
Heavy rain is forecast across the south-west Saturday night and will gradually move up over the rest of the country. There will be a risk of low visibility in coastal and hill areas due to patches of rain, drizzle and fog.
Beckham 'pretty concerned' after ankle injury
After traveling to Dallas for a Sunday Night Football assignment, the Giants host the Detroit Lions on Monday Night Football. Two-time All-Pro center Ryan Kalli also practiced Monday after sitting out two games with a shoulder injury and could play.
Abbas to meet with USA delegation on Thursday
Kushner and Greenblatt traveled to the Middle East previously this summer to meet with Israeli and Palestinian leaders. He texted a friend: 'I'm not going to breathe the same air as that terrorist, ' according to the report.
Harvey's back: Hurricane watch posted for parts of Texas coast
Tropical Depression Harvey in the southern Gulf of Mexico is forecast to head toward Texas and then meander into early next week. Harvey will help push in more tropical moisture, but for the next few days drier air from the north will keep us mainly dry.
Microsoft Offers Huge Xbox One X $200 Discount to Fans
Microsoft has launched a special edition of the Xbox One S Minecraft Edition Bundle for avid Minecraft players and collectors. Keep in mind this is purely speculative and of the imagination of the author, though not completely out of the question.
TIMELINE: Strong, severe storms expected Tuesday
Remember, a Tornado Watch is issued when severe thunderstorms and tornadoes are possible in and near the watch area. The National Weather Service has issued a Tornado Watch for northern NY and northwest Vermont until 9 pm.
WVU ranked No. 22 in pre-season AP Poll
So, while the Buckeyes came in ahead of the Seminoles in the top 25, FSU actually received more first-place votes. It will be Florida's first non-conference regular-season game played outside of the state since 1991.
BJP sweeps Mira-Bhayander civic polls, Sena suffers big jolt
As per the latest trend, the Congress has won only on six seats while the Shiv Sena candidates were successful in five wards. Shelar also mocked former BJP ally in the municipal corporation, Shiv Sena, without mentioning the name of the party.