SAN FRANCISCO, Aug 5 ― Uber on Wednesday reported a profit in second quarter on one-time gains and said its pandemic-stalled ride-hailing business was showing signs of recovering.
Uber made “strong progress” in luring drivers and couriers back to its smartphone-summoned ride and delivery businesses, chief executive Dara Khosrowshahi said in an earnings release. Revenue from Uber’s rides and delivery units essentially doubled, while money taken in by a freight division that connects truckers with shippers jumped 65 per cent, according to Uber.
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