Uber reported a profit of $1.1 billion1 min read

Uber, the ride sharing giant has reported a profit of $1.1 billion in Q2’21 mainly due to one-time gains. The core ride sharing business also showing signs of recovery after it was impacted by the pandemic.

Revenue in Q2’21 was $3.9 billion which was double the revenue in same period last year. $1.4 billion and $272 million investment revaluation in Didi and Aurora respectively helped Uber to gain profitability in this quarter.

For details, click here.

0 0 votes
Article Rating
You might also like
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
Subscribe to our newsletter
Sign up here to get the latest news, updates and special offers delivered directly to your inbox.
You can unsubscribe at any time

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy
0
Would love your thoughts, please comment.x
()
x