Uber Earnings Disappoint Amid High Legal Bills, Weak Rider Demand
The company has racked up bills after long-running legal fights with regulators and cabdrivers.
Uber Reports Record Ridership and Second Straight Quarterly Profit
Revenue was up 11 percent from a year earlier, helping to generate $221 million in net income.
Posted inCar Services and Livery Cabs Company Reports Computers and the Internet Coronavirus (2019-nCoV) Khosrowshahi, Dara Layoffs and Job Reductions Uber Technologies Inc
Uber Posts 14% Rise in Revenue as Growth Slows
The company’s growth decelerated as the rebound from the pandemic normalized and its freight business declined. It also swung to a profit.
Posted inComputers and the Internet Instant Messaging Khosrowshahi, Dara Line Corp Meta Platforms Inc Mobile Applications Mobile Commerce and Payments Musk, Elon Snap Inc Social Media Spiegel, Evan Twitter Uber Technologies Inc WeChat (Mobile App) WhatsApp Inc
Elon Musk’s Quixotic Quest to Turn X Into an ‘Everything App’
Mr. Musk, the owner of Twitter, is the latest Silicon Valley mogul to pursue an all-in-one app, the kind that has thrived in Asia but not elsewhere.