The Limited Times

Now you can see non-English news...

How Uber finally managed to make money in 2023, after 13 years of abysmal losses

2024-02-07T14:35:45.101Z

Highlights: How Uber finally managed to make money in 2023, after 13 years of abysmal losses. The world leader in VTC made a profit of $1.9 billion last year. A move into the green attributable largely to his boss Dara Khosrowshahi. But almost no one believed it even though the group was already showing… This article is reserved for subscribers. You have 94% left to discover. Flash sale -70% on digital subscription I ENJOY IT Already subscribed? Log in.


DECRYPTION - The world leader in VTC made a profit of $1.9 billion last year. A move into the green attributable largely to his boss Dara Khosrowshahi.


Profitable.

Early Wednesday afternoon, Uber announced that it had finally made money in 2023 ($1.9 billion) on revenue of $37.3 billion.

Its general director, Dara Khosrowshahi, had already suggested that the world leader in VTC and meal delivery was going to become a cash machine.

First in January 2023 when, while passing through Amsterdam, he declared to the

Journal du Dimanche

 :

“Profitability is in sight from this year.

»

In July, during the first half results, he was more precise:

“We expect to be profitable every quarter in the future.

»

But almost no one believed it even though the group was already showing…

This article is reserved for subscribers.

You have 94% left to discover.

Flash sale

-70% on digital subscription

I ENJOY IT

Already subscribed?

Log in

Source: lefigaro

All business articles on 2024-02-07

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.