_uber-beats-revenue-estimates-sees-robust-demand-and-consumer-spending-shifts-fueling-marketplace-expansion.jpg "Uber Beats Revenue Estimates, Sees Robust Demand and Consumer Spending Shifts Fueling Marketplace Expansion from consumer credit union mi Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:38
👁 View: 2.6M times
✓ Published: 09-May-2024
👁 View: 2.6M times
✓ Published: 09-May-2024
Description:
Uber reported first-quarter revenue of over $10 billion, beating estimates but posting a wider net loss. Gross bookings slightly missed forecasts, though mobility bookings grew 25% and delivery 18% year-over-year. Monthly active platform consumers were up 15% from a year ago. The company cited robust demand and consumer spending shifts supporting its marketplace. Uber aims to boost penetration in core services and expand into new segments to drive user growth. Shares fell over 6% in Wednesday's premarket trading.
Uber reported first-quarter revenue of over $10 billion, beating estimates but posting a wider net loss. Gross bookings slightly missed forecasts, though mobility bookings grew 25% and delivery 18% year-over-year. Monthly active platform consumers were up 15% from a year ago. The company cited robust demand and consumer spending shifts supporting its marketplace. Uber aims to boost penetration in core services and expand into new segments to drive user growth. Shares fell over 6% in Wednesday's premarket trading.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_brendan-fraser-credits-matt-damon-for-helping-him-land-his-big-hollywood-break.webp "Brendan Fraser may have only just hit the top of his career with his critically acclaimed role in \")
_shopping-revolution-earn-crypto-with-every-purchase.webp "Join here: https://bit.ly/3UVy17h<br/><br/>The SocialGood App is a mobile application that rewards users with the cryptocurrency SocialGood (SG) for their shopping activities. When users shop at partner stores like eBay, Walmart, and BestBuy through the app, they earn SG as cashback. The SG token can then be exchanged for other cryptocurrencies like Bitcoin (BTC) and USDT.<br/><br/>The app aims to promote social good by increasing the value of SG tokens through user shopping activities. It’s part of a broader movement that integrates commerce with cryptocurrency to incentivize positive consumer behavior. The SocialGood App has gained popularity due to its unique approach to combining shopping rewards with the potential growth of cryptocurrency.<br/><br/>As of the latest information, the live price of SocialGood (SG) is around $0.02653 USD, with a 24-hour trading volume of $981.34 USD2. The SG token is listed on major crypto exchanges, making it accessible for users to trade1. The app has over 2 million users and is growing, as it offers a minimum of 200% crypto rewards as cashback every time you shop, which is quite an attractive offer for those who are into both shopping and cryptocurrency.<br/><br/>Join here: https://bit.ly/3UVy17h")
_eu-ready-to-make-39full-use39-of-trade-defence-tools-against-china-von-der-leyen-warns-xi.webp "The European Union stands ready to flex its muscles to protect the bloc from China's aggressive trade practices, European Commission chief von der Leyen warned Monday following a three-way meeting with Macron and Xi.")
⏲ 1:47 👁 25.5M
_the-all-new-ferrari-12cilindri-spider-design-in-verde-toscana.webp "Very few associations can exhilarate and delight like the union between a naturally-aspirated V12 Ferrari engine and open-top motoring: the Ferrari 12Cilindri Spider, unveiled today at an exclusive event hosted at Miami Beach, fuses these two very special sensations in a two-seater berlinetta spider powered by Ferrari’s iconic twelve-cylinder engine. This iteration of the V12 delivers 830 cv and keeps revving right up to 9500 rpm, offering the driver and passenger an even more exclusive open-air driving experience. <br/><br/>The concept giving shape to the Ferrari 12Cilindri Spider draws inspiration from open-topped Ferrari Gran Turismo models of the 1950s and ‘60s, which combined the unmatched performance of a road-going racing car with the unique opportunity to revel in the sound of the 12-cylinder engine with the roof down, and extraordinary long-distance driving comfort. The design of the car makes a break from the recent canons of the Ferrari two-seater berlinetta spider genre, eschewing muscularity and sensuality in favour of a more futuristic language founded on formal purity with only the barest hint of a typically automotive visual lexicon. <br/><br/>The Ferrari 12Cilindri Spider is intended for both connoisseurs of the marque with a clear vision of what Ferrari has stood for in the motoring world since 1947, and newer Ferraristi who dream of a car that lets them combine unmatched driving thrills with comfort and Italian design – and the possibility of enjoying the wind in their hair. This truly is a car for the few. <br/><br/>The F140HD engine equipping the Ferrari 12Cilindri Spider is the new version of the iconic naturally-aspirated Ferrari V12, the purest expression of Ferrari’s soul: its peerless performance, powerful soundtrack and exclusivity make it the worthy heir to the legendary berlinetta sports cars that wrote some of the most glittering chapters in the marque’s history. The engine can unleash up to 830 cv while its max revs have been increased to 9500 rpm thanks to the adoption of innovative solutions. <br/><br/>The engine features modified components and software, some of which were already adopted on the open-top special series 812 Competizione A, ensuring it tops its category in terms of performance. To allow the V12 to rev so high, the engineers worked to reduce the weight and inertia of the engine’s components, adopting titanium con rods, which guarantee a saving of 40% in rotating mass compared to steel with the same mechanical resistance. A different aluminium alloy was used for the pistons, making them lighter than on previous applications. Further weight reduction was gained by the adoption of a rebalanced crankshaft which is 3% lighter.")
_how-counterfeit-rolexes-are-produced-and-distributed-according-to-an-investigator.webp "Rob Holmes is a private investigator. He works with major luxury-watch brands to track down fakes and stop them from getting to market.<br/><br/>Holmes speaks with Business Insider about how counterfeits are made in factories overseas. He gives details about how fake luxury goods are trafficked into the United States and distributed to consumers, tells us how the counterfeit industry has evolved with the rise of a new generation of \")
_this-company-wants-you-to-rent-your-credit-history.webp "When a woman who once bore the title “Financial Applications Product Owner II” at an insurance company, starts a TikTok with “this is the sketchiest thing I’m doing to make extra money,” you might think she’s playing it up for drama. But Amber Smith, a 27-year-old from Des Moines, Iowa with an MBA, is dead serious. She’s swapped insurance for the influencer business (focusing her content on reselling clothes), and she’s been picking up $40 here and there with a scheme that sounds pretty shady.<br/><br/>“I’ve started selling tradelines on my credit cards,” Smith says in the video that has since garnered millions of views across the social mediasphere. “Essentially what this is, is if a person has bad credit, but they know that they need to get a mortgage or a car loan or something, they pay money to this website,” she says, referring to Tradeline Supply Company, a San Diego based broker. “This website matches them up with me based on what they’re looking for and I add them as an authorized user to my credit card.”<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/brandonkochkodin/2024/05/07/this-company-wants-you-to-rent-your-credit-history/?sh=58ff759f20e5<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_green-border-124-u-s-trailer-jalal-altawil-maja-ostaszewska.webp "In the treacherous and swampy forests that make up the so-called “green border” between Belarus and Poland, refugees from the Middle East and Africa trying to reach the European Union are trapped in a geopolitical crisis cynically engineered by Belarusian dictator Alexander Lukashenko. In an attempt to provoke Europe, refugees are lured to the border by propaganda promising easy passage to the EU. Finding themself pawns in this hidden war, the lives of Julia, a newly minted activist who has given up her comfortable life, Jan, a young border guard, and a Syrian family intertwine. Thirty years after her Oscar-nominated film Europa Europa, Agnieszka Holland’s poignant and essential Green Border opens our eyes and speaks to the heart, challenging viewers to reflect on the moral choices that fall to ordinary people every day.")
_apple-aims-for-greater-ai-control-with-development-of-in-house-server-chip.webp "Apple is reportedly developing its own AI server chip, which is expected to focus on running AI models rather than training them. Apple CEO Tim Cook has assured investors that the company is investing in AI and will have major announcements soon. Apple's existing chip expertise, demonstrated by its custom silicon in its devices, could provide a critical advantage in the AI race. The company's M-series chips, currently used in consumer products, may be capable of performing certain AI functions. By developing its own server chip, Apple aims to have more control over its AI capabilities.")
Related Video Searches
Back to Search
Search Videos
Recent Searches
×
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
_brendan-fraser-credits-matt-damon-for-helping-him-land-his-big-hollywood-break.jpg)
_shopping-revolution-earn-crypto-with-every-purchase.jpg)
_eu-ready-to-make-39full-use39-of-trade-defence-tools-against-china-von-der-leyen-warns-xi.jpg)
_the-all-new-ferrari-12cilindri-spider-design-in-verde-toscana.jpg)
_how-counterfeit-rolexes-are-produced-and-distributed-according-to-an-investigator.jpg)
_this-company-wants-you-to-rent-your-credit-history.jpg)
_green-border-124-u-s-trailer-jalal-altawil-maja-ostaszewska.jpg)
_apple-aims-for-greater-ai-control-with-development-of-in-house-server-chip.jpg)
❮❯
1 / 10
2 / 10
Play Video: (Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
3 / 10
4 / 10
5 / 10
6 / 10
7 / 10
8 / 10
9 / 10
10 / 10
![[+]](/images/menu.gif){kind=small}