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Uber Reports Record Revenue as It Defies the Economic Downturn

Car Services and Livery Cabs Company Reports Computers and the Internet Khosrowshahi, Dara Lyft Inc Uber Technologies Inc

Uber Reports Record Revenue as It Defies the Economic Downturn

The company, which was hit hard in the early stages of the pandemic, saw revenue jump 49 percent from the same period a year ago.

By Kellen Browning

Uber’s Revenue Is Up 72 Percent From Last Year, but It Posts a Loss

Car Services and Livery Cabs Company Reports Computers and the Internet Khosrowshahi, Dara Uber Technologies Inc

Uber’s Revenue Is Up 72 Percent From Last Year, but It Posts a Loss

The ride-hailing company had strong revenue growth, but it still lost money in part because of its investments in other ride-hailing businesses.

By Kalley Huang