_uber-beats-revenue-estimates-sees-robust-demand-and-consumer-spending-shifts-fueling-marketplace-expansion.jpg "Uber Beats Revenue Estimates, Sees Robust Demand and Consumer Spending Shifts Fueling Marketplace Expansion from anime girl breast giantess growth inflation Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:38
👁 View: 2M times
✓ Published: 09-May-2024
👁 View: 2M times
✓ Published: 09-May-2024
Description:
Uber reported first-quarter revenue of over $10 billion, beating estimates but posting a wider net loss. Gross bookings slightly missed forecasts, though mobility bookings grew 25% and delivery 18% year-over-year. Monthly active platform consumers were up 15% from a year ago. The company cited robust demand and consumer spending shifts supporting its marketplace. Uber aims to boost penetration in core services and expand into new segments to drive user growth. Shares fell over 6% in Wednesday's premarket trading.
Uber reported first-quarter revenue of over $10 billion, beating estimates but posting a wider net loss. Gross bookings slightly missed forecasts, though mobility bookings grew 25% and delivery 18% year-over-year. Monthly active platform consumers were up 15% from a year ago. The company cited robust demand and consumer spending shifts supporting its marketplace. Uber aims to boost penetration in core services and expand into new segments to drive user growth. Shares fell over 6% in Wednesday's premarket trading.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_china39s-domestic-tourism-surges-by-28-during-may-day-holiday.webp "China saw a 28% increase in domestic tourism during the 5-day May Day holiday period compared to 2019. However, total tourism revenue was up only 13.% compared to 2019 due to travelers spending less per trip, with average spending down 6%. Weakening economic growth, job prospects, and the real estate downturn have made Chinese consumers more cautious in their spending. Retail sales growth slowed to just over 3% in March while consumer price inflation was a mild 0.1%, reflecting soft consumer demand.")
_global-gasoline-demand-growth-to-halve-in-2024-amid-rising-ev-demand-in-china-us.webp "The global gasoline demand growth is projected to halve by 2024 due to the surge in electric vehicles (EVs) in China and the United States. This shift is anticipated to put a squeeze on second-half refinery margins.")
_18-bastarda-2022-greek-movie.webp "18+ Bastarda 2022 Greek Movie")
_google39s-rapid-growth-raises-questions-on-employee-compensation-at-all-hands-meeting.webp "Google employees questioned leadership about cost cuts, layoffs, and declining morale at an all-hands meeting after Q1 earnings beat estimates. CEO Sundar Pichai said most layoffs will be completed in the first half of 2024, with a much smaller scale in the second half. CFO Ruth Porat said expenses grew faster than revenue, which isn't sustainable, and the focus is investing in growth areas. Porat defended share buybacks and dividends, saying cash can't just be drained and the board has fiduciary duties.")
_global-brewers-set-to-rebound-with-higher-beer-sales-volumes-this-summer-with-major-sports-events.webp "Global brewers are expected to see higher beer sales volumes this year after several quarters of declines, supported by factors like sports events and moderating inflation. Heineken and Carlsberg have already reported first quarter volume growth after over a year of declines, signaling a turnaround. AB InBev's sales have been hit by a boycott but this impact is easing, and analysts expect a return to volume growth in the second quarter. Major sports events like the Olympics and Euro Cup will drive beer sales, as will more normal weather patterns than last year.")
⏲ 0:35 👁 360K
_something-in-the-water-2024-english-movie.webp "Something in the Water 2024 English Movie")
_palantir-stock-plummets-15-as-first-quarter-earnings-disappoint-investors.webp "Palantir's stock has risen significantly in the past year, but its first-quarter earnings did not meet investors' expectations, causing a 15% drop in stock price. However, analyst Daniel Ives sees this as a good opportunity to invest in Palantir's AI platform, which is performing well. With a growing client base and shorter sales cycles, Palantir is expected to continue its growth trajectory. Ives has given the company an Outperform rating and a $35 price target, while other colleagues have a more cautious outlook.")
_what-was-the-largest-empire-in-the-world.webp "You can argue for the British, Persians, Romans, Mongols or pretty much any empire you want.")
_china39s-domestic-tourism-surges-by-28-during-may-day-holiday.jpg)
_global-gasoline-demand-growth-to-halve-in-2024-amid-rising-ev-demand-in-china-us.jpg)
_18-bastarda-2022-greek-movie.jpg)
_google39s-rapid-growth-raises-questions-on-employee-compensation-at-all-hands-meeting.jpg)
_global-brewers-set-to-rebound-with-higher-beer-sales-volumes-this-summer-with-major-sports-events.jpg)
_something-in-the-water-2024-english-movie.jpg)
_palantir-stock-plummets-15-as-first-quarter-earnings-disappoint-investors.jpg)
_what-was-the-largest-empire-in-the-world.jpg)
![[+]](/images/menu.gif){kind=small}