Uber expects strong core profit as ride share, food delivery pick up pace

By Yuvraj Malik | REUTERS Uber Technologies forecast quarterly core profit and gross bookings above estimates and reported market-beating results for the holiday quarter on Wednesday, fueled by higher demand in its ride sharing and food delivery businesses. It posted its first annual net profit as a public company as user retention improved, also benefiting … Continue reading Uber expects strong core profit as ride share, food delivery pick up pace