Transport
Uber beats analysts’ expectations on the back of strong Christmas demand
Dara Khosrowshahi, the chief executive at Uber, hailed the final three months of the year as a “standout quarter” for the firm
Uber, the ride-hailing firm, performed better than anticipated in the final quarter of last year, with order totalling almost $40 billion in delivery orders compared to analysts’ average estimate of $37.1 billion.
The US firm reported gross bookings of $37.6 billion in the three months to the end of December last, ahead of the analyst forecasts but behind its expected bookings of between $37 billion and $38.5 billion for the current period.
The firm’s gross ...
