With the Covid-19-related restrictions are easing, increased movement of people across cities resulted in Uber Technologies delivering a strong 2021 result. Food deliveries have also become an important part of the daily lives of consumers benefitting the company. In the past quarter, Gross bookings of $25.9 billion exceeded their expectations, with MAPCs of 118 million reaching a new high. The company's mobility business continued to recover strongly in Q4 with gross bookings approaching a $50 ....

08 Mar 2022
Uber Technologies: The Mobility Recovery Justifies A Bullish Approach (03/2022)

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Uber Technologies: The Mobility Recovery Justifies A Bullish Approach (03/2022)
Uber Technologies, Inc. (UBER:NYS), 0 | Uber Technologies, Inc. Shs Unsponsored Brazilian Depositary Receipt Repr 0.25 Sh (U1BE34:BSP), 0
- Published:
08 Mar 2022 -
Author:
Ishan Majumdar -
Pages:
15 -
With the Covid-19-related restrictions are easing, increased movement of people across cities resulted in Uber Technologies delivering a strong 2021 result. Food deliveries have also become an important part of the daily lives of consumers benefitting the company. In the past quarter, Gross bookings of $25.9 billion exceeded their expectations, with MAPCs of 118 million reaching a new high. The company's mobility business continued to recover strongly in Q4 with gross bookings approaching a $50 ....