Uber Sees $1.8bn Loss As Pandemic Stalls Revenue

  Uber on Thursday reported a $1.8 billion loss in the recently ended quarter as the pandemic caused its shared-ride business revenue to plunge. Overall revenues skidded 29 percent from a year ago to $2.2 billion, as gains from delivery failed to offset a massive 75 percent drop in its ride-hailing bookings, San Francisco-based Uber … Continue reading Uber Sees $1.8bn Loss As Pandemic Stalls Revenue
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