Dara Khosrowshahi, chief executive officer of Uber Technologies Inc., speaks during a Bloomberg Technology television interview in San Francisco, California, U.S., on Tuesday, Dec. 14, 2021.
David Paul Morris | Bloomberg | Getty Images
Uber on Wednesday reported surging revenue during the first quarter as the ride-hailing company said it’s recovering from its coronavirus lows and wouldn’t have to put up “significant” investments to keep drivers on the platform.
But it also reported a $5.9 billion loss during the period that was largely attributed to the revaluation of equity investments. The company’s shares were down more than 7%.
Here are the key numbers:
- Loss per share: 18 cents…
Source cnbc.com