{"id":29084,"date":"2021-02-16T19:12:22","date_gmt":"2021-02-17T01:12:22","guid":{"rendered":"https:\/\/www.ceo-na.com\/?p=29084"},"modified":"2021-02-17T19:05:08","modified_gmt":"2021-02-18T01:05:08","slug":"uber-delivery-growth-outpaces-ride-sharing-losses","status":"publish","type":"post","link":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/news\/uber-delivery-growth-outpaces-ride-sharing-losses\/","title":{"rendered":"Uber delivery growth outpaces ride-sharing losses"},"content":{"rendered":"<p><strong>The company reported mixed Q4 2020 earnings on Wednesday, beating expectations on loss-per-share but falling short on revenue, according to Refinitiv estimates.<\/strong><\/p>\n<p><strong>\u00a0<\/strong><!--more--><\/p>\n<p>Uber\u2019s stock fell slightly Wednesday as the company delivered mixed\u00a0<a href=\"https:\/\/investor.uber.com\/news-events\/news\/press-release-details\/2021\/Uber-Announces-Results-for-Fourth-Quarter-and-Full-Year-2020\/default.aspx\">fourth-quarter earnings results<\/a>.<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p>Here\u2019s how Uber did versus expectations:<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<ul>\n<li><strong>Loss:\u00a0<\/strong>54 cents per share, versus 56 cents expected, according to a consensus of analysts surveyed by Refinitiv.<\/li>\n<li><strong>Revenue:\u00a0<\/strong>$3.17 billion versus $3.58 billion expected per Refinitiv.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>Here\u2019s how Uber\u2019s largest business segments performed in the fourth quarter of 2020:<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<ul>\n<li><strong>Mobility (gross bookings):<\/strong>$6.79 billion, down 50% from a year ago.<\/li>\n<li><strong>Delivery (gross bookings)<\/strong>: $10.05 billion, up 130% from a year ago.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>CEO Dara Khosrowshahi said on an earnings call that Uber sees \u201cmany many opportunities\u201d in the mobility segment as different regions within its global service territory recover from the pandemic.<\/p>\n<p>&nbsp;<\/p>\n<p>Nevertheless, he added that timing for a full-blown recovery of the mobility business is highly dependent on when cities open up fully.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company reported mixed Q4 2020 earnings on Wednesday, beating  [&#8230;]<\/p>\n","protected":false},"author":21,"featured_media":29079,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1338],"tags":[4443,20,100],"class_list":["post-29084","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ceolife","tag-news","tag-uber"],"_links":{"self":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/29084","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/comments?post=29084"}],"version-history":[{"count":1,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/29084\/revisions"}],"predecessor-version":[{"id":29085,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/29084\/revisions\/29085"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/media\/29079"}],"wp:attachment":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/media?parent=29084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/categories?post=29084"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/tags?post=29084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}