Uber’s losses narrow as food delivery, ride bookings rebound from pandemic lows

Photo: Reuters

Uber Technologies Inc on Wednesday posted a narrower loss as its ride-hail and delivery businesses rebounded slightly from pandemic lows, and the company said it was well on track to reach its goal of achieving an adjusted profit by year-end.

Uber said customers in cities’ outer boroughs and suburbs had returned to its rides platform during the quarter.

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