{"id":4701,"date":"2022-02-10T00:36:19","date_gmt":"2022-02-09T23:36:19","guid":{"rendered":"http:\/\/costops.com\/index.php\/2022\/02\/10\/ubers-earnings-bouncing-back-as-food-delivery-service-finally-shows-a-profit\/"},"modified":"2022-02-10T00:36:19","modified_gmt":"2022-02-09T23:36:19","slug":"ubers-earnings-bouncing-back-as-food-delivery-service-finally-shows-a-profit","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2022\/02\/10\/ubers-earnings-bouncing-back-as-food-delivery-service-finally-shows-a-profit\/","title":{"rendered":"Uber\u2019s earnings bouncing back as food delivery service finally shows a profit"},"content":{"rendered":"<p>The company beat estimates to report a revenue of $5.8bn for the fourth quarter as Uber Eats posted an adjusted profit of $25m<\/p>\n<p>Uber\u2019s food delivery service Uber Eats has turned profitable for the first time, the company said Wednesday, in an earnings report that revealed it may be bouncing back after a rough run during lockdown.<\/p>\n<p>Shares rose 6.8% in after-hours trading after the company\u2019s report showed $5.8bn in revenue for the fourth quarter of 2021, beating estimates of $5.36bn. It said demand for its ride-hailing service was again approaching pre-pandemic levels.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2022\/feb\/09\/uber-eats-earnings-report-stocks\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/e09bb201217f3af6bdfffe9d5a354c26e7c154a9\/0_185_3500_2100\/master\/3500.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=efaa6aab5e77dfeaa9c392e283ea8f83\" title=\"Uber\u2019s earnings bouncing back as food delivery service finally shows a profit\" \/>The company beat estimates to report a revenue of $5.8bn for the fourth quarter as Uber Eats posted an adjusted profit of $25m<br \/>\nUber\u2019s food delivery service Uber Eats has turned profitable for the first time, the company said Wednesday, in an earnings report that revealed it may be bouncing back after a rough run during lockdown.<br \/>\nShares rose 6.8% in after-hours trading after the company\u2019s report showed $5.8bn in revenue for the fourth quarter of 2021, beating estimates of $5.36bn. It said demand for its ride-hailing service was again approaching pre-pandemic levels. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company beat estimates to report a revenue of $5.8bn for the fourth quarter as Uber Eats posted an adjusted profit of $25m Uber\u2019s food delivery service Uber Eats has turned profitable for the first time, the company said Wednesday, in an earnings report that revealed it may be bouncing back after a rough run &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2022\/02\/10\/ubers-earnings-bouncing-back-as-food-delivery-service-finally-shows-a-profit\/\"> <span class=\"screen-reader-text\">Uber\u2019s earnings bouncing back as food delivery service finally shows a profit<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":4702,"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\/4701"}],"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=4701"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/4701\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/4702"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=4701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=4701"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=4701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}