Uber had a profitable year for the first time since its IPO ...Middle East

Quartz - Economy
Uber had a profitable year for the first time since its IPO
source : Quartz ( Middle East ) () 55
Uber has just reached its first annual profit since it IPO-ed in 2019, marking how the company is no longer pursuing growth at all costs over profits. In the last three months ending Dec. 31, the ride-hailing giant’s profit hit $1.43 million—and no, that’s not adjusted for EBITDA. In the full 2023 year, Uber made its…Read more...

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