{"id":1377,"date":"2021-05-05T21:41:13","date_gmt":"2021-05-05T19:41:13","guid":{"rendered":"https:\/\/costops.com\/index.php\/2021\/05\/05\/uber-narrows-loss-as-food-delivery-business-grows-with-lockdowns-ending\/"},"modified":"2021-05-05T21:41:13","modified_gmt":"2021-05-05T19:41:13","slug":"uber-narrows-loss-as-food-delivery-business-grows-with-lockdowns-ending","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2021\/05\/05\/uber-narrows-loss-as-food-delivery-business-grows-with-lockdowns-ending\/","title":{"rendered":"Uber narrows loss as food delivery business grows with lockdowns ending"},"content":{"rendered":"<p>Delivery bookings rose 166% from the same period last year, although ride hailing bookings were down 38%<\/p>\n<p>Uber saw record demand in the first quarter as its food delivery business grew while lockdowns ended and more customers hailed rides.<\/p>\n<p>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.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2021\/may\/05\/uber-earnings-food-delivery-revenue\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/d5d945dbf7a8267089568a683e6d2fc1dcb2c484\/0_206_5000_3000\/master\/5000.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=485d2fdaaa7703e4953ce550dabac67e\" title=\"Uber narrows loss as food delivery business grows with lockdowns ending\" \/>Delivery bookings rose 166% from the same period last year, although ride hailing bookings were down 38%<br \/>\nUber saw record demand in the first quarter as its food delivery business grew while lockdowns ended and more customers hailed rides.<br \/>\nThe 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&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2021\/05\/05\/uber-narrows-loss-as-food-delivery-business-grows-with-lockdowns-ending\/\"> <span class=\"screen-reader-text\">Uber narrows loss as food delivery business grows with lockdowns ending<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":1378,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/1377"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=1377"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/1377\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/1378"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=1377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=1377"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=1377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}