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But made a loss of 50 billion, the share price is falling

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Geekz Snow
But made a loss of 50 billion, the share price is falling

But missed expectations in the latest quarter the losses rose sharply.

the Company made a net loss of 5.24 billion u.s. dollars in the minusresultat, the equivalent of more than sek 50 billion.

A large part of this amount consists of stock-based compensation.

Revenues amounted to 3.17 billion u.s. dollars in the second quarter, which was below the expected, compared with 3.36 billion u.s. dollars.

with the Growth in the value of bookings made through the service grew by 31 per cent compared with the same period of the previous year.

And the number of trips went up by 35 per cent.

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Geekz Snow
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