The logo of the ride sharing service Uber is seen in front of its headquarters on August 26, 2016 in San Francisco, California. Uber's head of finance Gautam Gupta is reported to have told investors in a conference call that the company had lost $1.27 billion in the first half of 2016. The ride sharing company lost an estimated $520 million in the first quarter and $720 million in the second quarter.
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