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Uber reporting almost $7B in losses last year

Posted at 8:14 AM, Feb 11, 2021

Uber reports it lost almost $7 billion last year.

That loss comes after losing $8.5 billion the year before.

Much of the losses are due to the pandemic.

Uber has been shifting its focus to delivery services recently with its acquisition of PostMates.

Additionally, the company announced it is buying alcohol delivery start-up Drizly.