It has 120 million customers, takes $10bn worth of bookings a month, and, it transpired this year, more or less had the French president on speed-dial, doing its bidding. But can Uber turn a profit?
The San Francisco-based ride-hailing giant squealed into “free cash flow”, as it puts it, in the last quarter, after racking up $23bn (£20bn) in losses in its first heady decade or so. On Tuesday, investors will see if it can repeat the trick in its third-quarter results.
