Uber reports Q1 revenue of $3.54B, up 14% YoY, gross bookings of $15.8B, up 8%, net loss of $2.9B; rides gross bookings fell 5%, Eats bookings were up 52% YoY
but says business is starting to pick up again https://www.businessinsider.com.au/ ... Lora Kolodny / @lorakolodny : Uber reports Q1 earnings after the bell - analysts are expecting losses of 88 cents...
Sources: Uber's $1 Safe Rides Fee, introduced in 2014, was devised primarily to add $1 of pure margin to each trip; court documents: the fee brought in ~$500M
+ the massive affronts to rider and driver safety Travis Kalanick + Uber inflicted on the world—as chronicled in @MikeIsaac's excellent book—next time someone goes on about how evil Theranos was. Uber...
Sources: Uber's $1 Safe Rides Fee, introduced in 2014, was devised primarily to add $1 of pure margin to each trip; court documents: the fee brought in ~$500M
+ the massive affronts to rider and driver safety Travis Kalanick + Uber inflicted on the world—as chronicled in @MikeIsaac's excellent book—next time someone goes on about how evil Theranos was. Uber...