Uber's Delivery Business Is Now Bigger Than Its Ride Service
- 4 years ago
Uber's Delivery Business Is
Now Bigger Than Its Ride Service Amid the coronavirus pandemic,
Uber Eats is now the company's
most significant source of revenue. According to CNN Business,
the second quarter saw
Uber Eats take in $1.2 billion. That is double the amount
it made in 2019's Q2. Gross bookings for Eats also saw
an increase of 113 percent. By comparison, Uber Rides
took in $790 million, and
gross bookings fell 73 percent. CEO Dara Khosrowshahi, via earnings call The coronavirus pandemic has led to
Uber slashing a quarter of its workforce
and losing nearly $2 billion in Q2.
Now Bigger Than Its Ride Service Amid the coronavirus pandemic,
Uber Eats is now the company's
most significant source of revenue. According to CNN Business,
the second quarter saw
Uber Eats take in $1.2 billion. That is double the amount
it made in 2019's Q2. Gross bookings for Eats also saw
an increase of 113 percent. By comparison, Uber Rides
took in $790 million, and
gross bookings fell 73 percent. CEO Dara Khosrowshahi, via earnings call The coronavirus pandemic has led to
Uber slashing a quarter of its workforce
and losing nearly $2 billion in Q2.