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Bimbala
Bimbala
·
2021-08-22
What will happen with AMC?🤑
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Bimbala
Bimbala
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2021-08-21
Nice!
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Bimbala
Bimbala
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2021-08-09
Enjoy your holiday singaporean!Happy national day😍Please like alrightThank you..👍👍
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Bimbala
Bimbala
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2021-08-08
Please like..thank you
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Bimbala
Bimbala
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2021-08-06
Unemployment rate👍👍
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Bimbala
Bimbala
·
2021-08-05
Please like my comment..thank n have a great day ahead
Uber Ridership Rebounds From Pandemic Lows<blockquote>Uber乘客量从大流行低点反弹</blockquote>
Ride-hailing company still expects to reach a measure of profitability by fourth quarter despite dri
Uber Ridership Rebounds From Pandemic Lows<blockquote>Uber乘客量从大流行低点反弹</blockquote>
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Bimbala
Bimbala
·
2021-08-03
👍👍
非常抱歉,此主贴已删除
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Bimbala
Bimbala
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2021-08-03
Like and share
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Bimbala
Bimbala
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2021-08-02
Earning report coming..💰
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Bimbala
Bimbala
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2021-08-01
HODL this stock
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ahead","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/890281846","repostId":"1131276586","repostType":4,"repost":{"id":"1131276586","kind":"news","pubTimestamp":1628119404,"share":"https://www.laohu8.com/m/news/1131276586?lang=zh_CN&edition=full","pubTime":"2021-08-05 07:23","market":"us","language":"en","title":"Uber Ridership Rebounds From Pandemic Lows<blockquote>Uber乘客量从大流行低点反弹</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1131276586","media":"The Wall Street Journal","summary":"Ride-hailing company still expects to reach a measure of profitability by fourth quarter despite dri","content":"<p><i><b>Ride-hailing company still expects to reach a measure of profitability by fourth quarter despite driver shortage, Delta variant concerns.</b></i></p><p><blockquote><i><b>德尔塔变异毒株担心,尽管司机短缺,网约车公司仍预计到第四季度将实现一定程度的盈利。</b></i></blockquote></p><p> Uber Technologies Inc.’s <a href=\"https://laohu8.com/S/UBER\">Uber</a> ridership rebounded strongly in the most recent quarter from last year’s pandemic lows, but a continuing driver shortage and uncertainty about howthe Delta variant will affect consumer behavior pushed its shares lower.</p><p><blockquote>优步科技公司的<a href=\"https://laohu8.com/S/UBER\">优步</a>最近一个季度的乘客量从去年的大流行低点强劲反弹,但持续的司机短缺以及德尔塔变异毒株将如何影响消费者行为的不确定性推低了其股价。</blockquote></p><p> The company said Wednesday its adjusted loss excluding tax, interest and some costs narrowed to $509 million in the second quarter from $837 million in the year-earlier period. Analysts polled by FactSet expected an adjusted loss before items of $322 million. Uber spent money in the quarter on incentives to woo drivers amid a shortage that has driven up passenger fares. Its shares fell more than 5% in after-hours trading.</p><p><blockquote>该公司周三表示,第二季度不含税、利息和部分成本的调整后亏损从去年同期的8.37亿美元收窄至5.09亿美元。FactSet调查的分析师预计调整后的税前亏损为3.22亿美元。由于司机短缺导致乘客票价上涨,优步本季度在吸引司机的激励措施上投入了资金。其股价在盘后交易中下跌超过5%。</blockquote></p><p> Rival <a href=\"https://laohu8.com/S/LYFT\">Lyft, Inc.</a> on Tuesday turned its first quarterly profit on that basis. The company hit that milestone a quarter earlier than expected, in part because ridership rebounded and it reined in costs.</p><p><blockquote>竞争对手<a href=\"https://laohu8.com/S/LYFT\">Lyft公司。</a>周二,该公司在此基础上实现了首次季度盈利。该公司比预期提前了一个季度达到这一里程碑,部分原因是客流量反弹并控制了成本。</blockquote></p><p> Uber’s rides business is profitable by that measure, but its bottom line is dragged down by its capital-intensive food-delivery business. The company said it sees its loss by that measure narrowing to less than $100 million in the current quarter, and that it remains on track to post a profit by that measure by the fourth quarter.</p><p><blockquote>按照这一标准,优步的乘车业务是盈利的,但其利润受到资本密集型食品配送业务的拖累。该公司表示,预计本季度按该指标计算的亏损将收窄至不到1亿美元,并且仍有望在第四季度实现盈利。</blockquote></p><p> Uber is among the companies that were both walloped by the pandemic, as cities went into lockdown and ridership plummeted, and benefited from people stuck at home turning in record numbers to food delivery. Easing pandemic restrictions boosted Uber’s rides business in the second quarter, but rising Covid-19 infections could damp prospects in the near-future.</p><p><blockquote>优步是受到疫情重创的公司之一,因为城市进入封锁状态,乘客量直线下降,并且受益于被困在家里的人们以创纪录的数量转向送餐服务。疫情限制的放松提振了Uber第二季度的乘车业务,但Covid-19感染人数的上升可能会在不久的将来削弱前景。</blockquote></p><p> Chief Executive Officer Dara Khosrowshahi said the company’s ride bookings grew in July from the previous month but cautioned that “no one can predict what happens with Delta going forward.”</p><p><blockquote>首席执行官达拉·科斯罗萨西(Dara Khosrowshahi)表示,该公司7月份的乘车预订量较上月有所增长,但警告称,“没有人能够预测达美航空未来会发生什么。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/47f6b83d1016b49e01824937035ada49\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"><i>Uber benefited from people stuck at home during the pandemic turning in record numbers to food delivery.</i></p><p><blockquote><i>Uber受益于疫情期间被困在家里的人们转向食品配送的人数创历史新高。</i></blockquote></p><p> <i>PHOTO:AKIO KON/BLOOMBERG NEWS</i></p><p><blockquote><i>照片:AKIO KON/彭博新闻</i></blockquote></p><p> The San Francisco-based company reported record bookings in the second quarter. The company’s bookings grew 114% year-over-year to $21.9 billion in the three months ended in June. Bookings for Uber Eats, its food-delivery arm, grew 85% while the ride-hailing business more than doubled from the lows of last year.</p><p><blockquote>这家总部位于旧金山的公司报告第二季度的预订量创历史新高。截至6月份的三个月内,该公司的预订量同比增长114%,达到219亿美元。其食品配送部门Uber Eats优食的预订量增长了85%,而网约车业务则较去年的低点增长了一倍多。</blockquote></p><p> The company expects to beat its bookings record in the current quarter. It said it expected third-quarter bookings between $22 billion and $24 billion, in line with analysts’ average estimate of $23 billion.</p><p><blockquote>该公司预计本季度的预订量将打破纪录。该公司表示,预计第三季度预订量在220亿美元至240亿美元之间,与分析师平均预期的230亿美元一致。</blockquote></p><p> Bookings allow the company and investors to gauge consumer demand since they represent the total value of trips or food booked on Uber’s platform. The company earns revenue by taking a cut from bookings. Second-quarter revenue more than doubled.</p><p><blockquote>预订使公司和投资者能够衡量消费者需求,因为它们代表了在Uber平台上预订的旅行或食品的总价值。该公司通过从预订中提成来赚取收入。第二季度收入增长了一倍多。</blockquote></p><p> The company posted a rare net profit of $1.1 billion on the back of gains from its investments in <a href=\"https://laohu8.com/S/DIDI\">DiDi Global Inc.</a>. DIDI and Aurora Innovation Inc. But Didi’s continuing woes with regulators in China may negatively affect Uber’s net income in the third quarter.</p><p><blockquote>由于投资收益,该公司公布了罕见的11亿美元净利润<a href=\"https://laohu8.com/S/DIDI\">滴滴全球公司。</a>但滴滴与中国监管机构的持续困境可能会对优步第三季度的净利润产生负面影响。</blockquote></p><p> A near-term challenge for Uber and Lyft is wooing drivers back to their platforms and containing skyrocketing passenger fares. Lyft said third-quarter revenue would be hurt by its spending on driver incentives, which it hopes will alleviate the continuing shortage and drive down fares in the near term. Its shares fell more than 10% Wednesday on that guidance.</p><p><blockquote>优步和Lyft近期面临的挑战是吸引司机回到他们的平台并遏制乘客票价的飙升。Lyft表示,第三季度的收入将受到司机激励支出的影响,该公司希望这将缓解持续的短缺并在短期内降低票价。受此指引影响,其股价周三下跌超过10%。</blockquote></p><p> Uber said it didn’t plan to spend significantly more on incentives in the third quarter. It told analysts Wednesday that new driver additions in the U.S. in July grew 30% from the previous month, even as it pulled back on some incentives. Lyft said 50% more drivers had returned to the platform in the second quarter over the first quarter.</p><p><blockquote>优步表示,第三季度不打算在激励措施上大幅增加支出。该公司周三告诉分析师,尽管该公司取消了一些激励措施,但7月份美国新增司机数量环比增长了30%。Lyft表示,第二季度返回该平台的司机比第一季度增加了50%。</blockquote></p><p> As part of its path to profitability, Uber cut staff and shed noncore businesses. It has also looked for ways to strengthen its booming delivery business, which became a lifeline during the health crisis. More recently, it has expanded into delivering everything from groceries and flowers to drugs.</p><p><blockquote>作为盈利之路的一部分,优步裁员并剥离非核心业务。它还寻找方法来加强其蓬勃发展的送货业务,该业务在健康危机期间成为生命线。最近,它已经扩展到提供从杂货、鲜花到药品的各种服务。</blockquote></p><p> Uber said in February it was buying alcohol-delivery service Drizly for $1.1 billion in stock and cash to expand beyond meal delivery. That came after last year’s $2.65 billion deal for smaller food-delivery rival Postmates Inc.</p><p><blockquote>Uber今年2月表示,将以11亿美元的股票和现金收购酒类配送服务Drizly,以拓展送餐以外的业务。此前,去年以26.5亿美元收购了规模较小的食品配送竞争对手Postmates Inc.。</blockquote></p><p> The company last month also said it was investing in its growing logistics operations with the $2.25 billion acquisition of technology-focused services provider Transplace in a cash and stock deal.</p><p><blockquote>该公司上个月还表示,将以现金加股票的方式以22.5亿美元收购专注于技术的服务提供商Transplace,投资于其不断增长的物流业务。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Uber Ridership Rebounds From Pandemic Lows<blockquote>Uber乘客量从大流行低点反弹</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUber Ridership Rebounds From Pandemic Lows<blockquote>Uber乘客量从大流行低点反弹</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Wall Street Journal</strong><span class=\"h-time small\">2021-08-05 07:23</span>\n</p>\n</h4>\n</header>\n<article>\n<p><i><b>Ride-hailing company still expects to reach a measure of profitability by fourth quarter despite driver shortage, Delta variant concerns.</b></i></p><p><blockquote><i><b>德尔塔变异毒株担心,尽管司机短缺,网约车公司仍预计到第四季度将实现一定程度的盈利。</b></i></blockquote></p><p> Uber Technologies Inc.’s <a href=\"https://laohu8.com/S/UBER\">Uber</a> ridership rebounded strongly in the most recent quarter from last year’s pandemic lows, but a continuing driver shortage and uncertainty about howthe Delta variant will affect consumer behavior pushed its shares lower.</p><p><blockquote>优步科技公司的<a href=\"https://laohu8.com/S/UBER\">优步</a>最近一个季度的乘客量从去年的大流行低点强劲反弹,但持续的司机短缺以及德尔塔变异毒株将如何影响消费者行为的不确定性推低了其股价。</blockquote></p><p> The company said Wednesday its adjusted loss excluding tax, interest and some costs narrowed to $509 million in the second quarter from $837 million in the year-earlier period. Analysts polled by FactSet expected an adjusted loss before items of $322 million. Uber spent money in the quarter on incentives to woo drivers amid a shortage that has driven up passenger fares. Its shares fell more than 5% in after-hours trading.</p><p><blockquote>该公司周三表示,第二季度不含税、利息和部分成本的调整后亏损从去年同期的8.37亿美元收窄至5.09亿美元。FactSet调查的分析师预计调整后的税前亏损为3.22亿美元。由于司机短缺导致乘客票价上涨,优步本季度在吸引司机的激励措施上投入了资金。其股价在盘后交易中下跌超过5%。</blockquote></p><p> Rival <a href=\"https://laohu8.com/S/LYFT\">Lyft, Inc.</a> on Tuesday turned its first quarterly profit on that basis. The company hit that milestone a quarter earlier than expected, in part because ridership rebounded and it reined in costs.</p><p><blockquote>竞争对手<a href=\"https://laohu8.com/S/LYFT\">Lyft公司。</a>周二,该公司在此基础上实现了首次季度盈利。该公司比预期提前了一个季度达到这一里程碑,部分原因是客流量反弹并控制了成本。</blockquote></p><p> Uber’s rides business is profitable by that measure, but its bottom line is dragged down by its capital-intensive food-delivery business. The company said it sees its loss by that measure narrowing to less than $100 million in the current quarter, and that it remains on track to post a profit by that measure by the fourth quarter.</p><p><blockquote>按照这一标准,优步的乘车业务是盈利的,但其利润受到资本密集型食品配送业务的拖累。该公司表示,预计本季度按该指标计算的亏损将收窄至不到1亿美元,并且仍有望在第四季度实现盈利。</blockquote></p><p> Uber is among the companies that were both walloped by the pandemic, as cities went into lockdown and ridership plummeted, and benefited from people stuck at home turning in record numbers to food delivery. Easing pandemic restrictions boosted Uber’s rides business in the second quarter, but rising Covid-19 infections could damp prospects in the near-future.</p><p><blockquote>优步是受到疫情重创的公司之一,因为城市进入封锁状态,乘客量直线下降,并且受益于被困在家里的人们以创纪录的数量转向送餐服务。疫情限制的放松提振了Uber第二季度的乘车业务,但Covid-19感染人数的上升可能会在不久的将来削弱前景。</blockquote></p><p> Chief Executive Officer Dara Khosrowshahi said the company’s ride bookings grew in July from the previous month but cautioned that “no one can predict what happens with Delta going forward.”</p><p><blockquote>首席执行官达拉·科斯罗萨西(Dara Khosrowshahi)表示,该公司7月份的乘车预订量较上月有所增长,但警告称,“没有人能够预测达美航空未来会发生什么。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/47f6b83d1016b49e01824937035ada49\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"><i>Uber benefited from people stuck at home during the pandemic turning in record numbers to food delivery.</i></p><p><blockquote><i>Uber受益于疫情期间被困在家里的人们转向食品配送的人数创历史新高。</i></blockquote></p><p> <i>PHOTO:AKIO KON/BLOOMBERG NEWS</i></p><p><blockquote><i>照片:AKIO KON/彭博新闻</i></blockquote></p><p> The San Francisco-based company reported record bookings in the second quarter. The company’s bookings grew 114% year-over-year to $21.9 billion in the three months ended in June. Bookings for Uber Eats, its food-delivery arm, grew 85% while the ride-hailing business more than doubled from the lows of last year.</p><p><blockquote>这家总部位于旧金山的公司报告第二季度的预订量创历史新高。截至6月份的三个月内,该公司的预订量同比增长114%,达到219亿美元。其食品配送部门Uber Eats优食的预订量增长了85%,而网约车业务则较去年的低点增长了一倍多。</blockquote></p><p> The company expects to beat its bookings record in the current quarter. It said it expected third-quarter bookings between $22 billion and $24 billion, in line with analysts’ average estimate of $23 billion.</p><p><blockquote>该公司预计本季度的预订量将打破纪录。该公司表示,预计第三季度预订量在220亿美元至240亿美元之间,与分析师平均预期的230亿美元一致。</blockquote></p><p> Bookings allow the company and investors to gauge consumer demand since they represent the total value of trips or food booked on Uber’s platform. The company earns revenue by taking a cut from bookings. Second-quarter revenue more than doubled.</p><p><blockquote>预订使公司和投资者能够衡量消费者需求,因为它们代表了在Uber平台上预订的旅行或食品的总价值。该公司通过从预订中提成来赚取收入。第二季度收入增长了一倍多。</blockquote></p><p> The company posted a rare net profit of $1.1 billion on the back of gains from its investments in <a href=\"https://laohu8.com/S/DIDI\">DiDi Global Inc.</a>. DIDI and Aurora Innovation Inc. But Didi’s continuing woes with regulators in China may negatively affect Uber’s net income in the third quarter.</p><p><blockquote>由于投资收益,该公司公布了罕见的11亿美元净利润<a href=\"https://laohu8.com/S/DIDI\">滴滴全球公司。</a>但滴滴与中国监管机构的持续困境可能会对优步第三季度的净利润产生负面影响。</blockquote></p><p> A near-term challenge for Uber and Lyft is wooing drivers back to their platforms and containing skyrocketing passenger fares. Lyft said third-quarter revenue would be hurt by its spending on driver incentives, which it hopes will alleviate the continuing shortage and drive down fares in the near term. Its shares fell more than 10% Wednesday on that guidance.</p><p><blockquote>优步和Lyft近期面临的挑战是吸引司机回到他们的平台并遏制乘客票价的飙升。Lyft表示,第三季度的收入将受到司机激励支出的影响,该公司希望这将缓解持续的短缺并在短期内降低票价。受此指引影响,其股价周三下跌超过10%。</blockquote></p><p> Uber said it didn’t plan to spend significantly more on incentives in the third quarter. It told analysts Wednesday that new driver additions in the U.S. in July grew 30% from the previous month, even as it pulled back on some incentives. Lyft said 50% more drivers had returned to the platform in the second quarter over the first quarter.</p><p><blockquote>优步表示,第三季度不打算在激励措施上大幅增加支出。该公司周三告诉分析师,尽管该公司取消了一些激励措施,但7月份美国新增司机数量环比增长了30%。Lyft表示,第二季度返回该平台的司机比第一季度增加了50%。</blockquote></p><p> As part of its path to profitability, Uber cut staff and shed noncore businesses. It has also looked for ways to strengthen its booming delivery business, which became a lifeline during the health crisis. More recently, it has expanded into delivering everything from groceries and flowers to drugs.</p><p><blockquote>作为盈利之路的一部分,优步裁员并剥离非核心业务。它还寻找方法来加强其蓬勃发展的送货业务,该业务在健康危机期间成为生命线。最近,它已经扩展到提供从杂货、鲜花到药品的各种服务。</blockquote></p><p> Uber said in February it was buying alcohol-delivery service Drizly for $1.1 billion in stock and cash to expand beyond meal delivery. That came after last year’s $2.65 billion deal for smaller food-delivery rival Postmates Inc.</p><p><blockquote>Uber今年2月表示,将以11亿美元的股票和现金收购酒类配送服务Drizly,以拓展送餐以外的业务。此前,去年以26.5亿美元收购了规模较小的食品配送竞争对手Postmates Inc.。</blockquote></p><p> The company last month also said it was investing in its growing logistics operations with the $2.25 billion acquisition of technology-focused services provider Transplace in a cash and stock deal.</p><p><blockquote>该公司上个月还表示,将以现金加股票的方式以22.5亿美元收购专注于技术的服务提供商Transplace,投资于其不断增长的物流业务。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.wsj.com/articles/uber-posts-record-bookings-as-ridership-rebounds-and-delivery-continues-to-grow-11628107899?mod=hp_lead_pos3\">The Wall Street Journal</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBER":"优步"},"source_url":"https://www.wsj.com/articles/uber-posts-record-bookings-as-ridership-rebounds-and-delivery-continues-to-grow-11628107899?mod=hp_lead_pos3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131276586","content_text":"Ride-hailing company still expects to reach a measure of profitability by fourth quarter despite driver shortage, Delta variant concerns.\nUber Technologies Inc.’s Uber ridership rebounded strongly in the most recent quarter from last year’s pandemic lows, but a continuing driver shortage and uncertainty about howthe Delta variant will affect consumer behavior pushed its shares lower.\nThe company said Wednesday its adjusted loss excluding tax, interest and some costs narrowed to $509 million in the second quarter from $837 million in the year-earlier period. Analysts polled by FactSet expected an adjusted loss before items of $322 million. Uber spent money in the quarter on incentives to woo drivers amid a shortage that has driven up passenger fares. Its shares fell more than 5% in after-hours trading.\nRival Lyft, Inc. on Tuesday turned its first quarterly profit on that basis. The company hit that milestone a quarter earlier than expected, in part because ridership rebounded and it reined in costs.\nUber’s rides business is profitable by that measure, but its bottom line is dragged down by its capital-intensive food-delivery business. The company said it sees its loss by that measure narrowing to less than $100 million in the current quarter, and that it remains on track to post a profit by that measure by the fourth quarter.\nUber is among the companies that were both walloped by the pandemic, as cities went into lockdown and ridership plummeted, and benefited from people stuck at home turning in record numbers to food delivery. Easing pandemic restrictions boosted Uber’s rides business in the second quarter, but rising Covid-19 infections could damp prospects in the near-future.\nChief Executive Officer Dara Khosrowshahi said the company’s ride bookings grew in July from the previous month but cautioned that “no one can predict what happens with Delta going forward.”\nUber benefited from people stuck at home during the pandemic turning in record numbers to food delivery.\nPHOTO:AKIO KON/BLOOMBERG NEWS\nThe San Francisco-based company reported record bookings in the second quarter. The company’s bookings grew 114% year-over-year to $21.9 billion in the three months ended in June. Bookings for Uber Eats, its food-delivery arm, grew 85% while the ride-hailing business more than doubled from the lows of last year.\nThe company expects to beat its bookings record in the current quarter. It said it expected third-quarter bookings between $22 billion and $24 billion, in line with analysts’ average estimate of $23 billion.\nBookings allow the company and investors to gauge consumer demand since they represent the total value of trips or food booked on Uber’s platform. The company earns revenue by taking a cut from bookings. Second-quarter revenue more than doubled.\nThe company posted a rare net profit of $1.1 billion on the back of gains from its investments in DiDi Global Inc.. DIDI and Aurora Innovation Inc. But Didi’s continuing woes with regulators in China may negatively affect Uber’s net income in the third quarter.\nA near-term challenge for Uber and Lyft is wooing drivers back to their platforms and containing skyrocketing passenger fares. Lyft said third-quarter revenue would be hurt by its spending on driver incentives, which it hopes will alleviate the continuing shortage and drive down fares in the near term. Its shares fell more than 10% Wednesday on that guidance.\nUber said it didn’t plan to spend significantly more on incentives in the third quarter. It told analysts Wednesday that new driver additions in the U.S. in July grew 30% from the previous month, even as it pulled back on some incentives. Lyft said 50% more drivers had returned to the platform in the second quarter over the first quarter.\nAs part of its path to profitability, Uber cut staff and shed noncore businesses. It has also looked for ways to strengthen its booming delivery business, which became a lifeline during the health crisis. More recently, it has expanded into delivering everything from groceries and flowers to drugs.\nUber said in February it was buying alcohol-delivery service Drizly for $1.1 billion in stock and cash to expand beyond meal delivery. That came after last year’s $2.65 billion deal for smaller food-delivery rival Postmates Inc.\nThe company last month also said it was investing in its growing logistics operations with the $2.25 billion acquisition of technology-focused services provider Transplace in a cash and stock deal.","news_type":1,"symbols_score_info":{"UBER":0.9}},"isVote":1,"tweetType":1,"viewCount":1298,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804188779,"gmtCreate":1627945669291,"gmtModify":1631891518769,"author":{"id":"4089424167582970","authorId":"4089424167582970","name":"Bimbala","avatar":"https://static.tigerbbs.com/bdd441eb3f50de54b985630b550288be","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089424167582970","idStr":"4089424167582970"},"themes":[],"htmlText":"👍👍","listText":"👍👍","text":"👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/804188779","repostId":"2156114224","repostType":4,"isVote":1,"tweetType":1,"viewCount":1923,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804183412,"gmtCreate":1627945565736,"gmtModify":1631891518784,"author":{"id":"4089424167582970","authorId":"4089424167582970","name":"Bimbala","avatar":"https://static.tigerbbs.com/bdd441eb3f50de54b985630b550288be","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089424167582970","idStr":"4089424167582970"},"themes":[],"htmlText":"Like and share","listText":"Like and share","text":"Like and share","images":[{"img":"https://static.tigerbbs.com/84a4ea4c8ce596c5b05dcf7bd735db62","width":"1125","height":"3409"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/804183412","isVote":1,"tweetType":1,"viewCount":1003,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":805306672,"gmtCreate":1627859067496,"gmtModify":1631891518790,"author":{"id":"4089424167582970","authorId":"4089424167582970","name":"Bimbala","avatar":"https://static.tigerbbs.com/bdd441eb3f50de54b985630b550288be","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089424167582970","idStr":"4089424167582970"},"themes":[],"htmlText":"Earning report coming..💰","listText":"Earning report coming..💰","text":"Earning report coming..💰","images":[{"img":"https://static.tigerbbs.com/c9ca2767079c052091a5ce429c8ceebb","width":"1125","height":"3409"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/805306672","isVote":1,"tweetType":1,"viewCount":1363,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":802872768,"gmtCreate":1627772371454,"gmtModify":1631891518802,"author":{"id":"4089424167582970","authorId":"4089424167582970","name":"Bimbala","avatar":"https://static.tigerbbs.com/bdd441eb3f50de54b985630b550288be","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089424167582970","idStr":"4089424167582970"},"themes":[],"htmlText":"HODL this stock","listText":"HODL this stock","text":"HODL this stock","images":[{"img":"https://static.tigerbbs.com/c9ca2767079c052091a5ce429c8ceebb","width":"1125","height":"3409"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/802872768","isVote":1,"tweetType":1,"viewCount":1578,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":false}