Uber on Wednesday said its revenue increased 83% to $5.8 billion in the fourth quarter compared to the year-ago period, thanks in large part to the fast growth of its Uber Eats restaurant delivery service. Delivery revenue rose 78% to $2.4 billion, and was nearly six times higher than the same period in 2019, before the pandemic lockdowns drove a surge in demand. Revenue from ride-hailing rose...
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Meet The Information’s New Financial Power Brokers
Jamie Dimon won’t run JPMorgan Chase forever, and Marc Andreessen will one day give way to the next generation of investors. The Information has identified the bankers, executives and investors who could replace them by stepping into the upper echelons of the finance industry in the years to come. They are The Information’s New Financial Power Brokers: the people who will run...
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