Business
Uber losses widen as incentives to lure drivers hit revenues – Al Jazeera English
Ride-hailing and food delivery giant reported widening losses for Q2, even as riders returned in bigger numbers.
Uber Technologies Inc on Wednesday reported widening losses even as trips and deliveries grew as driver incentives hit revenue at the ride-hail and food-delivery company.
Uber posted an adjusted $509m second-quarter loss before interest, taxes, depreciation…
Continue Reading
-
General8 hours agoRSL NSW president Mick Bainbridge and three board members resign in wake of 7.30 investigation into conflicts of interest
-
General19 hours agoNewsCorp executive warns AI firms are asking Australia to ‘surrender our stories’
-
General11 hours agoSelf-taught child drummer makes rock band debut with The Living End
-
Noosa News15 hours agoWave of cruises headed for Sunshine Coast this summer