Uber remains committed to investing in high-potential markets even as losses rise
"We had another strong quarter for a business of our size and global scope. As we look ahead to an IPO and beyond, we are investing in future growth across our platform, including in food, freight, electric bikes and scooters, and high-potential markets in India and the Middle East where we continue to solidify our leadership position," Uber CFO Nelson Chai said.
Uber has said it will continue to invest in Uber Eats, and electric bikes and scooters businesses as well as in high-potential markets like India and the Middle East, Image source: Reuters