International Companies

Uber shares fall on first-quarter update

By Abigail Townsend

Date: Wednesday 08 May 2024

(Sharecast News) - Shares in Uber Technologies fell sharply on Wednesday, after quarterly numbers disappointed.
The Wall Street firm reported a 20% increase in gross bookings to $37.65bn, while revenues improved 15% in the three months to 31 March to $10.13bn.

Revenues narrowly beat expectations for $10.11bn. But gross bookings...

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