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November 5, 2020 10:08 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/1oASXhaojKI/
Huge delivery demand fails to stop Ubers revenue from shrinking in Q3
Despite surging delivery demand, Uber’s third-quarter ultimately failed to meet investor revenue expectations in the third quarter. Uber reported gross bookings of $14.7 billion, in the period, a decline of 10% compared to the year-ago quarter. That level of platform spend generated revenue of $3.1 billion for the company, down 18% from a year-ago result. […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/1oASXhaojKI/
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