Uber beats on revenue, CEO tells CNBC the company is ‘investing significantly’ to add drivers
Summary
Uber posted higher-than-expected revenue figures for the quarter. However, the company experienced challenges in its mobility division, driven by increased international fuel expenses and a reduced availability of drivers.
Uber reported better-than-expected revenue but its mobility unit faced higher fuel costs overseas and tighter driver supply.
Source: Read the full story at US Top News and Analysis
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