Reported about 5 hours ago
In the third quarter, Uber Freight maintained a flat revenue of $1.31 billion, despite a 33% surge in overall adjusted EBITDA to $2.3 billion, driven by growth in mobility and delivery segments. CEO Dara Khosrowshahi emphasized the company's innovative strategies and integration of human and autonomous services, even as the freight sector faces challenges. With delivery revenue up 29% and mobility growing 20%, Uber anticipates further expansion with projected fourth-quarter gross bookings between $52.25 billion and $53.75 billion.
Source: YAHOO