Uber Applied sciences Inc.’s income climbed 83% within the final quarter of 2021, helped by a restoration in its rides enterprise and continued demand for meals supply regardless of restaurant reopenings.
The corporate posted income of $5.78 billion for the three months ended Dec. 31, beating the common estimate of $5.35 billion from analysts polled by FactSet. Its rides bookings rose by 67% year-over-year whereas its food-delivery bookings jumped 34% over the identical interval. Uber ended the quarter with 118 million lively prospects, a file for the corporate. Uber’s inventory was up about 6% in after-hours buying and selling Wednesday.