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Uber sales in London rise 59%

13 October 2017
 

Ride-hailing platform Uber’s profit and turnover in London rose significantly in the last financial year, with sales increasing by 59% from £23.3m to £36.9m and pre-tax profits up by almost two thirds from £1.8m to just over £3m. The 2016/17 accounts for Uber London Ltd also show that its tax bill rose from £410,851 to £551,174. The number of workers directly employed by Uber in London almost doubled last year to 199. Uber has more than 40,000 drivers...

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