Uber’s losses shrink as delivery growth overtakes ride-sharing decline – CNBC
Uber’s losses shrink as delivery growth overtakes ride-sharing decline – CNBC
Uber Eats delivery Jonathan Raa | NurPhoto via Getty Images Uber’s stock fell more than 3% after Wednesday’s bell as the company posted mixed results in the fourth quarter, as its ridesharing business slowly recovers and delivery business explodes. Nonetheless, the company is still losing around $ 1 billion per quarter on a GAAP basis. […]
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