{"id":842014,"date":"2024-08-07T09:25:14","date_gmt":"2024-08-07T03:55:14","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=842014"},"modified":"2024-08-07T09:37:05","modified_gmt":"2024-08-07T04:07:05","slug":"ubers-q2-revenue-beats-wall-street-estimates-on-ride-sharing-demand","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/07\/ubers-q2-revenue-beats-wall-street-estimates-on-ride-sharing-demand\/","title":{"rendered":"Uber&#8217;s Q2 revenue beats Wall Street estimates on ride-sharing demand"},"content":{"rendered":"<p>Uber beat Wall Street estimates for second-quarter revenue and core profit on Tuesday, helped by steady demand for its ride-sharing and food-delivery services, sending the company&#8217;s shares up 5 per cent before the bell. <\/p>\n<p>With more people returning to offices and stepping out of their homes, ride-sharing demand has got a boost over the past several months benefiting companies such as Uber and rival Lyft. <\/p>\n<p>&#8220;Mobility had a standout second quarter &#8230; growth was consistent across use cases and geographic strength was led by LatAm and APAC, in particular Brazil, Australia and India,&#8221; Uber CEO Dara Khosrowshahi said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Uber beat Wall Street estimates for second-quarter revenue and core profit on Tuesday, helped by steady demand for its ride-sharing and food-delivery services, sending the company&#8217;s shares up 5 per cent before the bell. With more people returning to offices and stepping out of their homes, ride-sharing demand has got a boost over the past several months benefiting companies such as Uber and rival Lyft. &#8220;Mobility had a standout second quarter &#8230; growth was consistent across use cases and geographic strength was led by LatAm and APAC, in particular Brazil, Australia and India,&#8221; Uber CEO Dara Khosrowshahi said.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-842014","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/842014","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=842014"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/842014\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=842014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=842014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=842014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}