In the ride-hailing service’s best quarterly report, it increased rides by 105% over last year as its delivery service grows
Uber is regaining much of the momentum it lost during the pandemic, announcing on Wednesday that its ride-hailing services saw a 105% increase and that revenue had more than doubled from this time last year.
Revenue for the company’s most recent financial quarter totaled $3.93bn, beating analysts’ expectations and signaling an emergence from the dismal conditions at the same point last year when the pandemic was keeping most people at home.