Uber adjusts third-quarter forecast in light of increased gross bookings

Uber said Tuesday that it could hit one measure of profitability in the third quarter, earlier than expected, as the ride-hailing company saw gains in its delivery and mobility businesses. The ride-hailing service told regulators in a filing this morning that it anticipated an increase in gross bookings and stronger adjusted EBITDA in the quarter … Continue reading Uber adjusts third-quarter forecast in light of increased gross bookings