Uber Reports Trip and Delivery Growth With Higher Cash Flow
Uber said trips rose 18% to 3.87 billion and Delivery revenue jumped 28% to $5.24B, with delivery gross bookings up 26% to $27.46B. Delivery operating income climbed 38% to $1.05B, while Mobility revenue edged up 1% to $7.36B and Mobility operating income rose 28% to $2.21B. Uber generated $2.86B operating cash flow and $2.79B free cash flow in Q2.