02-05-2017 23:38 via feedproxy.google.com

Twilio warns about Uber’s waning usage of its platform

Twilio ($TWLO) is raising a flag to caution shareholders about a potential impact on future revenue. During the company’s first quarter earnings call, chief executive Jeff Lawson warned about a change with one of Twilio’s largest customers: Uber. He said that contributions from the on-demand ride hailing service has started to decrease, from 17 percent last quarter to 12 percent this quarter, and Twilio “expects contributions to decline further” — it expects th
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