Uber Technologies Inc drew more customers to its ride-hailing and food delivery ...
) drew more customers to its ride-hailing and food delivery business in a boost to its fourth-quarter revenue, but high costs at Uber Eats meant Uber continues to lose money as it tries to outspend competitors.
However, net loss attributable to Uber widened to $1.1 billion, or 64 cents per share, from a loss of $887 million, or $1.98 per share, a year earlier. Gross bookings, a measure of total value of rides before driver costs and other expenses, rose 28% to $18.13 billion from a year earlier, compared with estimates of $18.03 billion.
Uber was the biggest of a group of Silicon Valley startups that went public last year against the backdrop of a global stock market sell-off sparked by trade tensions between the United States and China. Uber also faces increased regulation in several countries and fights with its drivers over wages and working conditions.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Jobless claims, Uber earnings, Twitter also reports: 3 things to watch for ThursdayInvestors will monitor earnings reports from Uber and Twitter, as well as the latest weekly jobless claims number.
Consulte Mais informação »
Arizona CEO fired after yelling racial slurs at Uber driver in videoAn Arizona CEO was fired after yelling racial slurs at an Uber driver in a video.
Consulte Mais informação »
Uber and Lyft cars become vector for racism amid coronavirus fearsUber and Lyft drivers and passengers of Asian descent report more racist behavior, with fears of coronavirus leading to canceled rides or worse.
Consulte Mais informação »
Arizona CEO fired after yelling racial slurs at Uber driver in videoAn Arizona-based fertilizer company has fired its CEO after video surfaced of him berating a black Uber driver and calling him the N-word. Agroplasma CEO and President Hans Berglund was ousted from the company he founded amid accusations of racism and verbal assault, the company said Wednesday. The
Consulte Mais informação »
Uber beats on earnings as revenue growth accelerates, lost $8.5 billion last yearUber's revenue accelerated in the fourth quarter, and losses were smaller than expected.
Consulte Mais informação »
Uber stock turns higher on narrower-than-expected lossUber Technologies Inc. shares dipped 5% then rose 2% Thursday after the company reported a narrower-than-expected loss and fourth-quarter revenue largely in...
Consulte Mais informação »