FinanceQuartzabout 2 hours ago
Uber Freight Prioritizes Revenue Over Profit
2 min read
Uber Freight CEO Rebecca Tinucci states the division prioritizes revenue growth over near-term profitability. The unit posted a $24 million loss in the quarter ended June 30, an improvement from a $26 million loss a year earlier. Uber reported second-quarter companywide revenue of $14.19 billion, a 12% increase from a year earlier.
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