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Published 3 years ago

Uber expands deficit in second quarter, driver incentives squeeze, stock price down 6%

Summary by Reuters
[Reuters] --The deficit widened in the second quarter financial results announced on the 4th by Uber Technologies Inc., a major US vehicle dispatcher. Although the vehicle dispatch and food delivery businesses remained firm, incentives for drivers put pressure on profits. He also warned of uncertainty about the future of the spread of delta mutant strains of coronavirus. Uber's share price fell 6.

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