Uber Reports Quarterly Earnings With Bookings Boosted By Delivery
Earnings·1 article across 1 outlet
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Uber Technologies Inc. shares rose after the company posted quarterly earnings and gross bookings that met expectations, giving investors a reason to look past a slower ride-hailing business and muted holiday outlook.
The company's performance was notably supported by its delivery segment, which helped offset challenges in the ride-hailing sector.
Uber
Sources
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SourceReports the news
“Uber Technologies Inc. shares rose after the company posted quarterly earnings and gross bookings that met expectations, giving investors a reason to look past a slower ride-hailing business and muted holiday outlook.”
Bloomberg — Uber Bookings Top Estimates, Helped More By Delivery Than Rides