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Uber: first operational profits in twelve years

2021-11-05T18:18:53.155Z


The pioneer of VTC released 8 million gross operating surplus in the third quarter of 2021. A first after years of losses, which he must now confirm.


Eight million dollars.

The amount is very small, but the symbol is important to Uber, the pioneering company in limousine services around the world.

These 8 million is the positive gross operating surplus (Ebitda) generated by the company in the third quarter of 2021. This is Uber's first operating profit, twelve years after its creation.

“This is an important step for profitability, but it's just a step,”

said Dara Khosrowshahi, general manager of Uber.

Just a step, because this profit is very small compared to the turnover of 4.85 billion dollars in the same period.

Above all, the group's net income is still negative at $ 2.4 billion.

Most of this loss - 2 billion - can be explained by the revaluation of its shares in the Chinese company Didi, hit hard by measures by the Chinese government targeting technology companies.

In the previous quarter, an upward revaluation

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Source: lefigaro

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