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Uber Posts Biggest Loss Yet Ahead of Ambitious Real Estate Expansion Plans

Profitability Concerns Persist for Major San Francisco Office User
Uber leases about 219,000 square feet at 1455 Market St. in San Francisco. (CoStar)
Uber leases about 219,000 square feet at 1455 Market St. in San Francisco. (CoStar)
By Molly Armbrister
August 9, 2019 | 9:51 P.M.

Ride-hailing firm Uber posted a $5.2 billion loss in its first reporting quarter after going public this year, the largest loss ever for the company, raising fresh questions about its plans to take up a huge amount of new San Francisco office space to accommodate projected growth.

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