Uber's business is booming even with high gas prices and inflation

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Even higher gas prices and soaring inflation aren’t slowing down Uber’s rebound from the worst days of the pandemic.

Even higher gas prices and soaring inflation aren't slowing down Uber's rebound from the worst days of the pandemic.

Uber on Tuesday said its revenue hit $8.1 billion during the three months ending in June, more than doubling from the year prior as more customers turn to the ride-hailing service. The number of consumers and drivers using its platform are"at all-time highs," the company said in its quarterly earnings report. Uber recorded 122 million people using its platform each month, up 21% from the prior year.

 

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