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917 Uber’s Delivery Business Drives Higher Profits

The Information
Alex Perry @ The Information · 05/07/2025 13:12 EDT

Uber’s Delivery Business Drives Higher Profits

Uber reported 14% higher revenue of $11.5 billion in the first quarter but sharply higher operating income of $1.2 billion. Still, shares of the ride-hailing and food delivery firm fell 2%, as growth in the company’s gross bookings—the total dollar value of food orders and ride hailing trips ...

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