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Uber reports $892m Q4 profit, topping expectations

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Thu, 2022-02-10 02:39

NEW YORK: Uber announced $892 million in quarterly profits Wednesday on surging revenues as the ride-hailing firm pointed to a strong demand recovery following the latest COVID-19 wave.
The San Francisco-based company notched increases across its operations, including its signature ride service, food delivery and freight operations, which saw revenues more than triple from year-ago levels following an acquisition of logistics company Transplace.

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