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Uber Revenue Up 14 Percent, Despite Economic Fears

Source: New York Times

Uber appears to be powering through the tumult of the global economy, despite fears that consumers are skimping on rides and deliveries.The company said on Wednesday that it had $11.5 billion in revenue in its most recent quarter, up 14 percent from a year earlier and slightly below Wall Street investors’ expectations. Its total bookings also grew 14 percent to $42.8 billion, which was in line with…

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Read the original source at New York Times