Home » Business » Uber announces a heavy loss in the 2nd quarter, but a turnover better than expected

Uber announces a heavy loss in the 2nd quarter, but a turnover better than expected

By SudOuest.fr with AFP
Published on 08/02/2022 at 1:47 p.m.

Chauffeur-drive rental and meal delivery giant’s revenue of $8.1 billion far exceeds market forecasts

Uber on Tuesday reported a net loss of $2.6 billion in the second quarter, but its revenue of $8.1 billion soared and beat market forecasts by a wide margin. .

On Wall Street, the action of the giant car rentals with drivers and home meal delivery soared about 10%, to 27.05 dollars, in electronic trading before the opening of the Stock Exchange.

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