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Uber Narrows Loss on 28% Delivery Revenue Surge

by Tom Kaiser | May 13, 2021 | COVID-19, News, Third-Party Delivery

After losing $968 million last quarter, Uber delivered improved first quarter earnings with a net loss of $108 million that was, as CNBC put it, a “tremendous improvement” from the fourth quarter of 2020 with delivery revenue up 28 percent over the Q4 2020 and 230...

Uber Narrows Loss on 28% Delivery Revenue Surge

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