This is our first report on Uber Technologies, one of the leading players across the globe in both, ridesharing and delivery. The company reported an all-around beat with a top-line of $3.93 billion and a triple-digit growth in its recent quarterly result, returning the stock to an upward trajectory. The Covid-19 pandemic adversely affected Uber’s ridesharing business but gave a much-needed boost to its food delivery segment. After the Postmates acquisition, the company has become a truly formid ....
