ISTANBUL: International tech firm Uber's second-quarter revenues exceeded market expectations with a jump of 16% to $10.7 billion. The firm's gross bookings soared 19% to $39.95 billion this April-June period on a yearly basis, Uber said on Tuesday. Markets had predicted levels slightly below these figures. According to pre-market figures, the higher-than-expected balance sheet boosted the firm's share by over 5% to $61.5. 'Uber's growth engine continues to hum, delivering our sixth consecutive quarter of trip growth above 20 percent, alongside record profitability,' said Uber CEO Dara Khosrowshahi in a statement. Source : Anadolu Agency
Uber’s revenues beat forecasts in Q2
News For
RECENT POSTS
Cyprus and UAE Foreign Ministers Discuss Regional Developments
October 22, 2026
Cyprus and UAE Foreign Ministers Discuss Regional Developments
October 22, 2026
Cyprus Experiences Varied Weather Across Regions
October 22, 2026
Cyprus Experiences Varied Weather Across Regions
October 22, 2026
Cyprus President Considers Additional Economic Support Measures
October 22, 2026
Cyprus President Considers Additional Economic Support Measures
October 22, 2026