Category: ride share apps

Uber’s first post-IPO earnings report shows another $1 billion lost

[ad_1] Uber Eats showed substantial growth in 2019, generating over $536 million in the first quarter and an 89 percent jump year-over-year. The growing popularity of Uber Eats is a mixed blessing for the company, which ends up paying restaurants and drivers more than it earns from users. As for Uber’s ridesharing business, growth was […]