_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 beat impossible quiz 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: 415K times
✓ Published: 09-May-2024
👁 View: 415K 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
_priya-kansara-and-ritu-arya-124-how-well-do-you-do-know-your-co-star-124-marie-claire.webp "Polite Society stars Priya Kansara and Ritu Arya joined Marie Claire for a game of 'How Well Do You Know Your Co-Star?' where the duo quizzed each other on their first jobs, video game skills, and the best chocolate biscuits.")
_terzic-quizzed-on-sancho39s-future-at-dortmund.webp "Borussia Dortmund boss Edin Terzic reveals he's unsure of 'how long the story will continue' with Jadon Sancho")
_mi-vs-srh-ipl-2024-stat-highlights-mumbai-indians-beat-sunrisers-hyderabad-by-seven-wickets.webp "Mumbai Indians beat Sunrisers Hyderabad by seven wickets in IPL 2024, with Suryakumar Yadav scoring a remarkable century. This was Mumbai Indians' fourth win of the season.<br/>")
⏲ 1:56 👁 16.4M
_crawley-town-beat-mk-dons-3-0-how-the-night-unfolded.webp "Crawley Town beat MK Dons 3-0 in the first leg of their League Two play-off match against MK Dons.")
_brunson39s-43-inspires-knicks-to-win-over-pacers.webp "Jalen Brunson produced another 40+ point performance as the New York Knicks beat the Indiana Pacers")
_can-the-bruins-finally-win-a-game-7----bruins-beat.webp "Can the Bruins Finally Win a Game 7_ _ Bruins Beat from beat impossible quiz")
_an-extraordinary-woman-on-cbs-the-equalizer.webp "Prepare for an adrenaline-packed journey on CBS' gripping crime saga, The Equalizer. Season 4 Episode 8, masterfully crafted by the dynamic duo Andrew W. Marlowe and Terri Edda Miller, promises an exhilarating experience. With Queen Latifah leading the charge alongside a stellar ensemble including Lorraine Toussaint and Tory Kittles, brace yourself for performances that will keep you glued to your seat. From heart-stopping action to compelling intrigue, The Equalizer never fails to deliver. Don't miss a beat - catch the latest season on Paramount+ for an unforgettable thrill ride!<br/><br/>The Equalizer Cast:<br/><br/>Queen Latifah, Liza Lapira, Laya DeLeon Hayes, Adam Goldberg, Lorraine Toussaint and Tory Kittles<br/><br/>Stream The Equalizer Season 4 now on Paramount+!")
_pres-sando-beat-fatima.webp "Starting with the Powergen Secondary Schools Cricket Intercol final...<br/><br/>Presentation, San Fernando, have done it again.<br/><br/>They won the T20 final last evening against Fatima College, making it twice in a row against the same opponents whom they defeated last year.<br/><br/>Pres made 168 for 5, with Brendan Boodoo scoring 55.<br/><br/>In reply, Fatima were restricted to 131 for 6, with Joshua Davis scoring 35 in vain.<br/><br/>We have highlights.")
_priya-kansara-and-ritu-arya-124-how-well-do-you-do-know-your-co-star-124-marie-claire.jpg)
_terzic-quizzed-on-sancho39s-future-at-dortmund.jpg)
_mi-vs-srh-ipl-2024-stat-highlights-mumbai-indians-beat-sunrisers-hyderabad-by-seven-wickets.jpg)
_crawley-town-beat-mk-dons-3-0-how-the-night-unfolded.jpg)
_brunson39s-43-inspires-knicks-to-win-over-pacers.jpg)
_can-the-bruins-finally-win-a-game-7----bruins-beat.jpg)
_an-extraordinary-woman-on-cbs-the-equalizer.jpg)
_pres-sando-beat-fatima.jpg)
![[+]](/images/menu.gif){kind=small}