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Uber's Profit Paradox: CEO Stunned by $52 Fare as Company Posts Historic Earnings Amidst Mounting Price Concerns
Imagine hailing an Uber for what you expect to be a quick, affordable ride around town and having the final cost hit you in the purse like a ton of bricks. That is just what occurred to Wired editor ...
(Reuters) -Uber missed operating profit expectations on Tuesday and issued a downbeat earnings forecast for the key holiday quarter, overshadowing strong demand for its rides and food deliveries ...
Uber is no longer just a ride-hailing company.
Uber’s latest Q3 earnings report came out on Wednesday, showing strong business growth but a big fall in profit because of a major legal cost of $479 million for “undisclosed legal and regulatory ...
Uber (UBER) reported robust 2Q25 earnings, with adjusted EBITDA surging 35% yr/yr to a record $2.1 bln, hitting the high end of its guidance range, while Gross Bookings rose 18% in constant currency ...
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