Uber on Tuesday reported revenue of $8.8 billion for the quarter ... to the slowing growth at other tech companies. It also sets Uber apart from its chief rival Lyft, which is undergoing ...
(Bloomberg) -- Uber Technologies Inc. shares surged ... operations in the face of sluggish demand and weak profits. Lyft is set to report its results later this week. “This was a quarter Uber ...
Uber said on Tuesday that its revenue grew 29 percent in its most recent ... “They’re looking to price competitively with us, and we think that sets up a competitive environment where we ...
After a tepid performance in the last two years, first quarter revenue soared 72-percent in the ride-hailing business and rose 23-percent in the food delivery unit which was slightly above forecasts.
Uber reported first-quarter results Tuesday that beat analysts' expectations for revenue. Revenue for the quarter was up 29% year over year. In a prepared statement, CEO Dara Khosrowshahi said ...
The ride-sharing company’s take rate is the percentage of each rider’s fare that it earns as commission. Mack Wilowski is an Associate Editor for Investopedia. He is a contributor to ...
Uber’s first-quarter revenue jumped 29 per cent to $8.82-billion, beating estimates of $8.73-billion, thanks to a 72 per cent surge in the ride-hailing segment. The food delivery unit’s ...
Uber CEO Dara Khosrowshahi said Tuesday morning that rival Lyft vying with Uber "sets up a competitive environment ... Uber said its revenue jumped 29% from last year’s first quarter when ...
A jump in the number of people looking to gain additional income is also helping platforms such as Uber squeeze out higher profit by offering lower incentives to gig workers, analysts have said. "Our ...
(Bloomberg) -- Uber Technologies Inc. shares surged ... operations in the face of sluggish demand and weak profits. Lyft is set to report its results later this week. “This was a quarter Uber ...
Q1 revenue, adjusted core earnings above estimates Uber earnings boosted by ride-sharing, food-delivery heft Stock soars 7%, also lifts Lyft May 2 (Reuters) - Uber Technologies Inc (UBER.N ...
