Delivery bookings rose 166% from the same period last year, although ride hailing bookings were down 38%
Uber saw record demand in the first quarter as its food delivery business grew while lockdowns ended and more customers hailed rides.
The San Francisco-based company said Wednesday that its bookings jumped 24% to an all time high of $19.5bn in the January-March period, far ahead of the $18bn Wall Street was anticipating, according to analysis polled by FactSet.
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Delivery bookings rose 166% from the same period last year, although ride hailing bookings were down 38%
Uber saw record demand in the first quarter as its food delivery business grew while lockdowns ended and more customers hailed rides.
The San Francisco-based company said Wednesday that its bookings jumped 24% to an all time high of $19.5bn in the January-March period, far ahead of the $18bn Wall Street was anticipating, according to analysis polled by FactSet. Continue reading…Technology | The Guardian