Last week, Uber reported that the company generated $11.3 billion in revenue and posted an adjusted net loss of $1.8 billion in 2018.
Didi Chuxing posted a net loss of 10.9 billion yuan ($1.6 billion) in 2018. The company was planning to lay off 15% of its workforce in 2019.
DoorDash was raising $500 million at a valuation of more than $6 billion.
Opendoor raised roughly $200 million at a $3.7 billion valuation.
Peloton was interviewing banks for its upcoming IPO.
The news articles and links presented below are available for your reference.
"China’s Didi Reportedly Lost a Staggering $1.6 Billion in 2018"
“China Ride-hailing Giant Didi to Lay off 15 Percent Staff this Year: source”
“"DoorDash Said To Be Raising $500M At $6B+ Valuation"
“ Opendoor Files to Raise Another $200M at a $3.7B Valuation, Documents Show”
"Peloton Interviews Banks for IPO"
"Uber's Growth Slowed Dramatically in 2018”