Uber reports surprise profit in Q2

New York (AFP) Aug 1, 2023

Uber reported a surprise profit on Tuesday, pointing to strong growth in its core mobility and delivery businesses despite missing revenue estimates. Profits for the second quarter were $394 million, compared with a loss of $2.6 billion in the year-ago period. The results included the company's first-ever quarterly operating profit. Its results were also boosted by a gain in Uber's equit