Uber Q1 earnings: gross bookings soar 20% to $37.7 B even as net loss comes in at $654 M

Uber Technologies, Inc. has announced a strong performance for the first quarter of fiscal year 2024, highlighting substantial growth in gross bookings and revenue, despite facing a net loss due to revaluation of equity investments. Uber sees growth in bookings and revenue As of the first quarter of FY24, Uber’s gross bookings have surged by […]