News Formal

Uber beats on earnings as revenue growth accelerates, lost $8.5 billion last year

  • 📰 CNBC
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Uber beats on earnings as revenue growth accelerates, lost $8.5 billion last year.

During the fourth quarter, Uber faced tighter regulations impacting its business in London and California and continued to slash costs.

Uber's top segment, Rides, including ride-sharing services and fees from drivers, delivered $13.51 billion in gross bookings, up 18% and below the $13.60 billion estimate among analysts polled by FactSet. Uber is still paying out a massive amount of what it calls "driver referrals and excess driver incentives" to drivers in its food and ridesharing business.

Adjusted EBITDA for all segments except Rides were all in the red year over year. Rides produced $742 million in EBITDA, up some 281%.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 12. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

How the cofounders of baby-food company Yumi raised $8 million - Business InsiderThe exact strategies that helped a former analyst and journalist raise $8 million for their organic baby-food company from billion-dollar brand names like Uber and Sweetgreen (by RobinMadell)
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

Jobless claims, Uber earnings, Twitter also reports: 3 things to watch for ThursdayInvestors will monitor earnings reports from Uber and Twitter, as well as the latest weekly jobless claims number.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »