Uber Issues Weaker Than Expected Bookings, Earnings Forecasts for Third Quarter Uber's latest earnings report highlights the company's ongoing struggles to adapt to an increasingly complex and competitive market.
The firm's decision to push deeper into food delivery has been met with skepticism, with some viewing it as a desperate attempt to prop up dwindling mobility revenues.
The numbers are telling: Uber's bookings for the third quarter came in at $59. 25 billion, slightly below analyst expectations of $59. 33 billion.