Uber posts an operating margin for the first time

In Q2 to June 2023, the profitability of DoorDash and Uber Technologies improved, driven by stronger consumer demand for fast deliveries. DoorDash managed to limit losses in the U.S.A. and Uber moved into the black.

Through Sophie Baqué. Published on 28 August 2023 à 14h47 - Update on 28 August 2023 à 15h58

On 1 August, Uber Technologies (sales of US$9.2 billion in Q2 2023, up by 14% at constant exchange rates) published for the first time positive operating income for Q2 2023. Operating margin reached US$326 million (versus a US$713 million-loss one year ago) and net margin US$394 million (vs a loss of US$2.6 billion last year).…

Sophie Baqué