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A tale of two Ubers: how food deliveries helped to make up for fewer journeys

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The ride-hailing giant Uber saw mixed fortunes in 2020: revenues from its primary passenger-carrying business fell sharply, but earnings from its food delivery arm soared. The company reported massive losses for the full year, but a smaller figure than in 2019, after cutting jobs and other costs during the pandemic. Uber has now pushed back its target of turning a profit until late 2021. Also today, a post-Brexit market milestone for Amsterdam, as it surpasses London to becomes Europe's biggest share-trading hub.

Added on the 11/02/2021 09:14:59 - Copyright : France 24 EN

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