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Briefing: Uber’s Bookings Now Down 80%
Uber’s global gross bookings have fallen 80% below year-ago levels over the past few weeks, said two people who were briefed by senior company officials on the situation. The question now is to what extent the business will improve later this quarter as some areas of the U.S. and Europe begin to loosen up quarantine restrictions. That decline suggests Uber’s ride-hailing business has
Uber’s global gross bookings have fallen 80% below year-ago levels over the past few weeks, said two people who were briefed by senior company officials on the situation. The question now is to what extent the business will improve later this quarter as some areas of the U.S. and Europe begin to loosen up quarantine restrictions. That decline suggests Uber’s ride-hailing business has
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- Apr 21, 2020