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May 30, 2019 08:52 pm GMT

Uber Eats, micromobility services are growing faster than Ubers core ride-hailing business

Uber’s ride-hailing business is growing more slowly than its newer bets. In Uber’s Q1 2019 earnings, the company reported gross bookings growth of 230% for its other bets, while ridesharing grew just 22% compared to the same quarter last year. Gross bookings are the revenue earned minus things like taxes, tolls, fees, wages paid to […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/VMeJAQiWP-k/

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