Uber ‘s 2024 Interim Statement Analysis

Revenues were $20.83 billion in six months ended to June 31, 2024, an increase of $2.78 billion or 13.3%, compared with $18.05 billion in the same period last year. Revenues were $$10.7 billion in Q2 2024, an increase of $1.47 billion or 16%, compared with $9.23 billion in Q2 2023. Uber has three reportable segments:…

Uber(UBER): The Mobility is the most profitable business.

Introduction Uber Technologies, Inc.(UBER) had three reportable segments: Mobility, Delivery and Freight. Mobility, Delivery and Freight platform offerings each address large, fragmented markets. Mobility Uber’ s Mobility offering connects consumers with a wide range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and more—helping customers go almost anywhere they need. Delivery…