05-05-2021 23:11 via theguardian.com

Uber narrows loss as hunger for food delivery business grows during pandemic

Delivery bookings rose 166% from the same period last year, leading to better-than-expected earnings despite flat ride bookingsUber’s thriving food delivery business, aided by a bump in home deliveries during lockdowns, helped the company counteract a slow quarter for ride-hailing bookings amid the pandemic.The company announced better-than-expected earnings in its first quarter of 2021, despite reporting its ride bookings were flat from the previous quarter and had decreased year over yea
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