Uber Back to Losing Money as Revenue Slows

Uber Back to Losing Money as Revenue Slows

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

Uber reported a loss of $891 million in the second quarter, with revenue growth slowing from 70% to 63%. Despite aggressive investments in areas like self-driving cars and food delivery, Uber's main business growth is decelerating. The company, which is privately held, shares selective financial results. Uber Eats is growing rapidly, potentially masking declines in ride-sharing. Uber's global footprint is limited after selling businesses in Southeast Asia, Russia, and China, though it retains stakes in these regions.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Uber's financial loss in the second quarter?

$1.2 billion

$2.8 billion

$700 million

$891 million

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much did Uber's revenue growth decrease from the last quarter to this quarter?

From 70% to 63%

From 80% to 70%

From 60% to 50%

From 75% to 65%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT an initiative Uber is investing in?

Food delivery

Logistics

Self-driving cars

Space exploration

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of Uber's bookings is Uber Eats responsible for?

More than 10%

Less than 5%

Exactly 15%

About 20%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which regions did Uber sell its businesses in?

Europe, Africa, and South America

Southeast Asia, Russia, and China

Middle East, Japan, and Korea

North America, Australia, and India