Uber earnings boosted by ride-sharing, food-delivery heftforecast quarterly core earnings above estimates on Tuesday, after a surge in demand for travel and food delivery helped the U.S. ride-sharing giant report better-than-expected results for the January-March period., which reports earnings on Thursday.
After a tepid performance in the last two years, "the rideshare category in the United States and Canada is now growing faster in 2023," he said. Uber's first-quarter revenue jumped 29% to $8.82 billion, beating estimates of $8.73 billion, thanks to a 72% surge in the ride-hailing segment.
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