Uber Q3 Earnings Presentation Gives NYC-Specific Trip Information
Uber announced its Q3 2020 results today and specifically discloses its NYC volumes have more than doubled from COVID lows and is tracking with the reopening.
Q3 2020 financial highlights for Uber globally included:
Gross Bookings declined to $14.7 billion, down 10% year-over-year (yoy).
Mobility Gross Bookings declined 50% and Delivery Gross Bookings grew 135% yoy, respectively.
Mobility Revenue declined 53% yoy.
Delivery Revenue grew 125% yoy.
Unrestricted cash, cash equivalents and short-term investments were $7.3 billion at the end of the third quarter.
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