Uber’s revenue increased 14 percent in its most recent quarter, the company reported on Tuesday, but the growth was its slowest since the coronavirus pandemic began easing last year.
The San Francisco-based company posted revenue of $9.2 billion, up from $8.1 billion in the second quarter last year.
The 14 percent growth was slower than the 105 percent increase a year earlier and down from 29 percent in the previous quarter.
Uber’s gross bookings — the amount paid by customers — totaled $33.6 billion, up 16 percent from year earlier.
“We are focused on driving significant demand in the years ahead — both by attracting new riders to Uber and by getting existing riders to use Uber more,” Dara Khosrowshahi, the chief executive, said in a statement.
Persons:
Dara Khosrowshahi
Organizations:
Wall Street
Locations:
San Francisco