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Briefing
uber/lyft

Uber Posts $1.2 Billion Operating Loss, Discloses DoorDash Comparison

By
Amir Efrati
· · Source: The Information

Uber on Wednesday said its revenue more than doubled to $3.9 billion in the second quarter of this year compared to the same period a year earlier amid the depths of the pandemic quarantines. But after making acquisitions such as Postmates to buttress its fast-growing food delivery business, which has been bigger than its ride hailing business for more than a year, losses continue to dog the...

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Jamie Dimon, chief executive officer of JPMorgan Chase. Photo by Bloomberg.
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