By Luke Tugby2019-08-09T10:42:00
Uber is eyeing a push into grocery deliveries as growth in its core ride-sharing business stalls.
The tech titan’s potential plans were revealed after its Uber Eats food ordering and delivery platform registered a 72% spike in revenue to $595m (£492m) in the three months to June 30.
That rate of growth easily outstripped that of the wider group, where total revenues advanced 14.4% to $3.2bn (£2.7bn).
Despite the sales spike, Uber suffered a loss of $5.2bn (£4.3bn), increasing from $878m (£726m) in the same quarter last year, and is now seeking to build on the fastest-growing part of its business.
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