Uber’s woes and losses grow

Uber has suspended its unlicensed UberPOP service in Norway’s capital, Oslo. Several European capitals have banned the service, while Uber recently lost its license to operate in London

Gross bookings
Net revenue*
Net losses†
0
5
10
15
20
US$

2014 $2.932bn $495.3m $671.4m
2015‡ $10.0bn $1.161bn $1.684bn
2016 $20.0bn $6.5bn $2.8bn
2017§ $12.1bn $3.25bn $1.353bn

*After paying drivers and driver incentives. 
†Includes operations, support, promotions, price cuts, sales and marketing. 
‡First nine months – Q4 data unavailable. 
§Half-year results to June

May 2014: Authorities in Barcelona shut down Uber following regulatory problems

Dec: India’s capital New Delhi temporarily bans Uber following accusations of rape against one of its drivers

Jun 2015: UberPOP banned in Paris, France

Sep: Uber quits U.S. state of Alaska, pays $78,000 fine

Oct: Bulgaria Supreme Court shuts Uber – only licensed taxi services allowed
 
Feb 2016: Australia’s Northern Territory bans Uber

May: Uber’s U.S. service in Austin, Texas banned for 12 months

Jul: Uber service ruled illegal in Hungary
Aug: Uber sells its operation in China
Feb 2017: Uber suffers two-month suspension in Taiwan
Apr: Italy blocks Uber for one month. Denmark bans UberPop 
Jul: Finland bans UberPop
Sep: UK capital London refuses Uber’s request for new licence

Sources: Nasdaq, The Information.com, Business Insider