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Wednesday, 4 August 2021

Uber more than doubles revenues to nearly $4bn after a dismal pandemic year

In the ride-hailing service’s best quarterly report, it increased rides by 105% over last year as its delivery service grows

Uber is regaining much of the momentum it lost during the pandemic, announcing on Wednesday that its ride-hailing services saw a 105% increase from this time last year.

Revenue for the company’s most recent financial quarter totalled $3.93bn, beating analysts’ expectations and more than doubling from the dismal conditions at the same time last year when the pandemic was keeping most people at home.

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from The Guardian https://ift.tt/2VsdBXz

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