Friday, November 16, 2018, 9:09 AM
Uber's sales are dramatically slowing even-as-the ride-hailing company is spending more to fuel global growth, particularly in its food delivery business. Revenue growth of 38% in the third-quarter was almost half of what the growth rate was six months earlier, when the company was negotiating a $9.3 billion investment led by SoftBank Group Corp. Uber is now eyeing electric-scooter rentals, logistics and autonomous cars.
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