Uber food delivery overtakes ride sharing during lockdown

Uber Eats

Ride-sharing app Uber’s latest set of results show its nascent food delivery business has overtaken its taxi service as people around the world stayed at home during lockdown.

For its second quarter of 2020, the San Francisco-based firm reported overall revenues had slumped 29% year on year to $2.2bn, driven by a 75% collapse in global ride sharing. 

 

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