- by foxnews
- 28 Nov 2024
Uber bookings hit all-time high in past three months as workers return to offices
Uber bookings hit all-time high in past three months as workers return to offices
- by theguardian
- 03 Aug 2022
- in technology
1.7 k views
Wall Street overlooked a huge loss for the quarter and shares jumped more than 12% before the opening bell on Tuesday.
Revenue at the San Francisco company more than doubled to $8.07bn, bolstered by a change in the business model for its UK mobility business and the acquisition of Transplace by Uber Freight. This beat the $7.36bn that analysts polled by FactSet predicted.
Gross bookings surged 33% to $29.08bn, an all-time high and Uber Technologies foresees third-quarter gross bookings between $29bn and $30bn.
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