Uber sees encouraging signs in reopening markets, posts $2.9 billion loss

By Akanksha Rana and Tina Bellon (Reuters) - Uber Technologies Inc said on Thursday it saw encouraging signs in markets hit by the coronavirus epidemic as it posted a 14% rise in revenue growth, supported by its Uber Eats food-delivery business. But the Silicon Valley company overall posted a $2.9 billion (2.4 billion pounds) loss in the first quarter

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