Uber reports record volume of orders
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Orders for Uber Technologies reached $29.1 billion in the second quarter, according to financial report companies. This is 33% higher than last year’s result and a record in the history of the online service.
Uber continues to incur losses – this time they amounted to $ 2.6 billion, but in general the company reported much better than expected. Thus, the service’s revenue in the quarter grew by 105% in annual terms and reached $8.1 billion. Analysts polled by Bloomberg expected that its volume would be only $7.4 billion.
The number of monthly active users also turned out to be higher than forecasts: according to the results of the quarter, it reached 122 million people. (Analysts had forecast that figure would rise to 120.5 million.) Uber rides were 1.87 billion, up 9% from the first quarter and up 24% from last year.
On the back of a successful report, Uber shares rose more than 12% at the start of trading on the New York Stock Exchange.
More news in Telegram channel “Kommersant”.
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