Uber reports third consecutive quarter with operating profit

Hanno Labuschagne

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Uber reports third consecutive quarter with operating profit

Uber Technologies Inc. reported gross bookings that beat analyst estimates, showing strong global demand for rides and food delivery during the holiday period.

Gross bookings, which include delivery orders, ride hails and driver and merchant earnings but not tips, were $37.6 billion in the three months ended Dec. 31, Uber said in a statement Wednesday. Analysts expected $37.1 billion on average.

[Bloomberg]
 
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