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(UBER) 2024 Financial Analysis and Stock Valuation
Uber Q1 2024 On may 8, 2024, Uber released quarterly report for quarter ending March 31, 2024. Uber’ s revenue was $8.8 billion and $10.1 billion in the three months ended March 31, 2023 and the three months ended March 31, 2024, respectively. Revenue in Q1 2024 was up 14.8% year-on-year. Net loss attributable to…
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…