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Uber Eats Overtakes Ride-Sharing As Uber Technologies Inc (NYSE:UBER)’s Leading Source Of Revenue

Uber Eats has overtaken Uber ride-hailing service as Uber Technologies Inc (NYSE:UBER)’s leading source of revenue. According to the company’s 2Q 2020 results, Uber rides registered a whopping 75% drop in gross bookings compared to the same quarter last year. The ride-sharing unit reported $3 billion in revenue. On the other hand, Uber’s delivery unit […]

Uber Technologies Inc (NYSE:UBER)’s Uber Eats Head – Jason Droege Steps Down: Uber To Focus On Meal Delivery Service Without Spending Much Cash

Uber Technologies Inc (NYSE:UBER)’s Uber Eats Head – Jason Droege will step down because the company focuses on profitable and growing food delivery service business without spending all of the hard-earned money. Founded Uber Eats The uber executive Jason has established Uber Eats in December 2015. It has grown to become the second revenue earning […]