_uber-beats-revenue-estimates-sees-robust-demand-and-consumer-spending-shifts-fueling-marketplace-expansion.jpg "Uber Beats Revenue Estimates, Sees Robust Demand and Consumer Spending Shifts Fueling Marketplace Expansion from new technology companies 2019 Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:38
👁 View: 2.8M times
✓ Published: 09-May-2024
👁 View: 2.8M times
✓ Published: 09-May-2024
Description:
Uber reported first-quarter revenue of over $10 billion, beating estimates but posting a wider net loss. Gross bookings slightly missed forecasts, though mobility bookings grew 25% and delivery 18% year-over-year. Monthly active platform consumers were up 15% from a year ago. The company cited robust demand and consumer spending shifts supporting its marketplace. Uber aims to boost penetration in core services and expand into new segments to drive user growth. Shares fell over 6% in Wednesday's premarket trading.
Uber reported first-quarter revenue of over $10 billion, beating estimates but posting a wider net loss. Gross bookings slightly missed forecasts, though mobility bookings grew 25% and delivery 18% year-over-year. Monthly active platform consumers were up 15% from a year ago. The company cited robust demand and consumer spending shifts supporting its marketplace. Uber aims to boost penetration in core services and expand into new segments to drive user growth. Shares fell over 6% in Wednesday's premarket trading.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_15-top-tech-companies-to-work-with-in-2019.webp "Tony Cletus")
_brainstorm-tech-2019-the-future-of-blockchain-companies.webp "Fortune Magazine")
_a-new-study-says-car-interiors-are-filled-with-toxic-chemicals.webp "A new study published in Environmental Science & Technology says that flame retardants used in car interiors release toxic chemicals into the air. Veuer’s Matt Hoffman reports.")
_top-5-biggest-technology-companies-in-the-world-2019.webp "Info Amazing")
_european-companies-in-china-finding-it-harder-to-make-money-as-growth-slows.webp "European companies in China are finding it harder to make money as growth slows and overcapacity pressures increase, according to a new survey by the EU Chamber of Commerce in China.")
_every-company-is-a-tech-company-ces-2019.webp "CES")
_does-the-brand-even-matter-124-asda39s-own-vs-british-classics.webp "Adventures and Naps")
_rolls-royce-presents-cullinan-series-ii-a-bold-evolution-of-the-world39s-pre-eminent-super-luxury-suv.webp "Cullinan built a new legacy for Rolls-Royce Motor Cars, shaped in collaboration with a bold and uncompromising generation of super-luxury consumers. Cullinan Series II evolves and builds on this motor car’s place in the brand, proving once more that the future of this marque will be shaped in partnership with its clients and characterised by exquisite contemporary crafts.<br/><br/>The original Cullinan, launched in 2018, was the world’s first super-luxury SUV, fulfilling a unique and exacting brief. From a performance and engineering standpoint, it had to have genuine off-road capabilities equal to the most demanding and hostile environments on Earth. At the same time, it had to deliver the marque’s peerless comfort and signature ‘magic carpet ride’, regardless of the terrain. It had to be nothing less than the definitive super-luxury SUV – rugged yet refined, unstoppable yet serene: effortless, everywhere. Its success exceeded Rolls-Royce’s most ambitious expectations around the world, and today Cullinan is the most requested Rolls-Royce in the marque’s portfolio.<br/><br/>Given the motor car’s extraordinary success, and incredibly positive reception from clients in every region of the world, shaping a new expression of the ‘Rolls-Royce of SUVs’ was undertaken with meticulous care. The marque’s designers, engineers and craftspeople drew on half a decade of detailed client feedback, the brand’s own intelligence gathering – including our Private Offices around the world – and a raft of new technologies to advance Cullinan. In its new guise, which represents the most extensive Series II development in Rolls-Royce history, it responds to changing codes of luxury and evolving usage patterns while remaining true to the essential qualities that underpin Cullinan’s unprecedented popularity.")
⏲ 2:1 👁 16.2M
_15-top-tech-companies-to-work-with-in-2019.jpg)
_brainstorm-tech-2019-the-future-of-blockchain-companies.jpg)
_a-new-study-says-car-interiors-are-filled-with-toxic-chemicals.jpg)
_top-5-biggest-technology-companies-in-the-world-2019.jpg)
_european-companies-in-china-finding-it-harder-to-make-money-as-growth-slows.jpg)
_every-company-is-a-tech-company-ces-2019.jpg)
_does-the-brand-even-matter-124-asda39s-own-vs-british-classics.jpg)
_rolls-royce-presents-cullinan-series-ii-a-bold-evolution-of-the-world39s-pre-eminent-super-luxury-suv.jpg)
![[+]](/images/menu.gif){kind=small}