Uber Is Still Losing Carloads Of Money

But the ride-hailing pioneer seems to be slowing the bleeding.

New CEO, same old problem.Uber lost $4.5 billion in 2017 and posted sales of just under $7.5 billion, the ride-hailing company told investors Tuesday. The loss was 61 percent more than the year before, according to data obtained by CNBC.Despite the eye-popping figures, Uber is making headway on slowing the bleeding.Uber, a private company, doesn’t have to publicly disclose earnings. But The Wal...