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lyft price cuts: Lyft's gains from price cuts not enough to dent Uber's US lead

The average price of a standard Lyft ride as of September-end was more than 4% cheaper than Uber s similar service, according to data analytics firm YipitData, a big change since February, when both the companies were charging nearly the same price. ....

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- BusinessToday

Uber reported second-quarter revenue of $9.23 billion, missing analysts’ estimates of $9.33 billion, according to Refinitiv IBES data, as a weak freight market pinches. ....

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Uber получил больше заказов на доставку, чем на поездки в I квартале

Uber получил больше заказов на доставку, чем на поездки в I квартале
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Uber reduces losses on food delivery, modest uptick in ride bookings

By Tina Bellon and Akanksha Rana
NEW YORK (Reuters) - Uber Technologies Inc on Wednesday posted a narrower loss as its ride-hail and delivery businesses rebounded slightly from pandemic lows, and the company said it was well on track to reach its goal of achieving an adjusted profit by year-end.
Uber said customers in cities outer boroughs and suburbs had returned to its rides platform during the quarter.
Nearly complete recoveries in markets including Brazil and Australia point to leisure travel to restaurants and cultural events bouncing back quickly once the pandemic ends, with business travel returning more slowly, as many employees continue to work from home. ....

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