Uber CEO Dara Khosrowshahi has told Uber executives he would like the company to nearly break even by the end of this year. By next year, when he has said Uber may go public, he wants the company to be profitable.
Those aspirations will be difficult to achieve. Uber likely lost at least $3 billion in 2017, based on its results for the first three quarters of the year. That figure excludes costs that Uber deems to be one-offs, such as extra reserves for legal expenses.