The company's amended IPO filing Friday included our first look at its 2019 financials.
Unlike the previous three years of financial data included in Friday's filing the data released by Uber on Friday has not been audited by the company's outside accounting firm, PricewaterhouseCoopers.
"Additionally, net income attributable to Uber Technologies, Inc. for the three months ended March 31, 2018 was impacted by $3.2 billion of gains from the divestitures of our Russia/CIS operations and our Southeast Asia operations, as well as a $2.0 billion unrealized gain on our investment in Didi during the same period."
In other words, Uber is acknowledging the ongoing pricing war between itself and Lyft, easily its biggest competitor in the United States. Both companies have been aggressively offering discounts and other incentives to keep people riding and not jumping ship to a competitor.
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