Even higher gas prices and soaring inflation aren’t slowing down Uber’s rebound from the worst days of the pandemic.
Even higher gas prices and soaring inflation aren't slowing down Uber's rebound from the worst days of the pandemic.
Uber on Tuesday said its revenue hit $8.1 billion during the three months ending in June, more than doubling from the year prior as more customers turn to the ride-hailing service. The number of consumers and drivers using its platform are"at all-time highs," the company said in its quarterly earnings report. Uber recorded 122 million people using its platform each month, up 21% from the prior year.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
TV Shows - Entertainment News - CNNView TV show news and videos for the latest recaps, viral moments, season updates and more on CNN.com.
Read more »
Uber Eats in focus as inflation-hit consumers rethink ordering inThe food-delivery business that kept Uber Technologies' earnings afloat during the peak of the pandemic is expected to show signs of strain in second-quarter results due on Tuesday as decades-high inflation crimps consumer spending.
Read more »
Uber unveils new app features in bid to attract more driversUber is expected to announce its second-quarter earnings on Tuesday.
Read more »
Uber now allows its drivers to see destinations and rates ahead of time | AutoblogUber has expanded a program it started in February allowing drivers to see their drop-off location ahead of time along with the rate.
Read more »