Uber's business is over the pandemic slump
CNN
Uber's business is showing signs that it's moving past the pandemic slowdown.
The company reported Wednesday that its revenue grew 83% year-over-year to $5.8 billion in the final three months of 2021, as people increasingly turned to its ride-hail platform to get around and ordered food through its delivery service.
"Our results demonstrate just how far we've come since the beginning of the pandemic," said Uber's CEO Dara Khosrowshahi in a statement accompanying the results. On a conference call with analysts, Khosrowshahi said the results also show "how eager people are to move around their cities as restrictions ease up and how delivery has become an important part of their daily lives."
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