Uber just posted the biggest loss in its history. It has turned into "the magical money burning machine," says one analyst – and to turn things around, it needs to expand into industries where customers are more loyal.

<p>Uber just <a href="https://www.wired.co.uk/article/why-is-uber-losing-money-analysis?utm_campaign=the_download.unpaid.engagement&amp;utm_source=hs_email&amp;utm_medium=email&amp;utm_content=75583596&amp;_hsenc=p2ANqtz-_1B8WgrWrw9-R3a52VEAh54Hj15nn2q1YHnLRYiaP4PUKhi5cqwIIKbCH_7S3WaTD3NDsSbSrUH_lBx3kT9WZqhUeRAw&amp;_hsmi=75583596%20">posted</a> the biggest loss in its history. It has turned into "the magical money burning machine," says one analyst &ndash; and to turn things around, it needs to expand into industries where customers are more loyal.</p>

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