Uber Reports Growth, But Loses $5.6B on Investments

Uber on Wednesday reported strong growth in its ride-hailing and delivery business, saying it continues to bounce back from a pandemic slump despite losing $5.6 billion from investments in other ride-sharing companies, primarily Chinese service Didi. The company reported revenue of $6.9 billion in the first three months of 2022, beating analysts’ expectations and jumping […]

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