Uber Looses $5.9 Billion To Failing Asian Investments

Ride sharing conglomerate Uber reported that the lost $5.9 Billion (£4.7 Billion) due to bad investments made in the Asian markets.

Uber admitted that they underestimated the popularity of tuk tuk cabs and rickshaw drivers.

Experts say that the recent profits from the company's popular Uber Eats service should earn them their money back by 2024.

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