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Uber Delivers First-Ever Operating Profit in Drive to Curb Losses (www.wsj.com)

submitted 1 year ago by haxe11@beehaw.org to c/usnews@beehaw.org

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Uber Technologies posted its first-ever operating profit in the second quarter, a milestone in its long-term efforts to stem losses in its businesses carrying people and delivering food.

Archived: Uber Delivers First-Ever Operating Profit in Drive to Curb Losses

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[–] haxe11@beehaw.org 4 points 1 year ago (1 children)

Personally I avoid Uber Eats. It's way too expensive. I haven't used the ride share service much for several years. Without looking much into the prices, I feel like they've lost much of their edge over traditional taxi service, but I do still like the convenience of being able to use their app almost anywhere in the US, at least. I should probably give Lyft a look at some point.

[–] UnfortunateTwist@beehaw.org 6 points 1 year ago (1 children)

I was planning to use rideshare to a place with possibly difficult parking, but the one way cost was $30-some. So that's about $60 round trip. I decided to drive, with all-day parking costing $16...

[–] deo@beehaw.org 3 points 1 year ago

The only time I uber/lyft is when i'm travelling and won't be able to take my car ($ uber < $ rental car), or when i'm gonna be drinking ($ uber <<< $ DUI). And even then I can often get a ride from a friend and/or DD...