Uber Reduces Losses On Food Delivery Expansion, Modest Uptick In Ride Bookings - Tech news daily

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Wednesday, 10 February 2021

Uber Reduces Losses On Food Delivery Expansion, Modest Uptick In Ride Bookings

Uber Technologies Inc on Wednesday posted a narrower loss as its ridehail and delivery businesses rebounded slightly from pandemic lows, and the company said it was well on track to reach its goal of achieving an adjusted profit by yearend.

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