Cover image via Autoblog
Popular e-hailing service Uber has revealed its financial numbers for the year 2016 and it's not looking pretty
Image via Quartz
According to a report published by [Bloomberg](https://www.bloomberg.com/news/articles/2017-04-14/embattled-uber-reports-strong-sales-growth-as-losses-continue), the company managed to generate **USD6.5 billion (RM28.6 billion) in revenue last year and its gross bookings doubled to USD20 billion (RM88 billion).**
However, **its adjusted net loss was USD2.8 billion (RM12.3 billion)**, excluding the operation in China it sold last year.
Despite the losses, the company is pleased that its business is still performing well even as it faces unyielding controversy
"**We're fortunate to have a healthy and growing business, giving us the room to make the changes we know are needed on management and accountability, our culture and organisation, and our relationship with drivers,**" Rachel Holt, who runs Uber's U.S. ride-hailing business, told [CNN](http://money.cnn.com/2017/04/14/technology/uber-financials/index.html).
Image via BGR
The numbers come out as Uber is trying to address a number of issues concerning workplace culture and its CEO, Travis Kalanick
Image via TIME
The company has been rocked by a number of setbacks lately, including detailed accusations of sexual harassment from a former female employee and a video showing Travis Kalanick harshly berating an Uber driver.
Kalanick is currently on the look out for a new Chief Operating Officer to help him put the company back on track.
