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Covid-19 impact: Uber lost $ 5.8 billion

Uber, which announced its balance sheet for the first three quarters of 2020, lost $ 5.8 billion during this period.

The coronavirus (Covid-19) pandemic, which first appeared in the last days of 2019, continues to be the world’s number one agenda item.

The virus, which infects millions of people around the world, has also adversely affected the operations of many companies. Uber, one of the companies adversely affected by the pandemic, has announced its balance sheet for the first three quarters of this year.

According to the news in CNN International, Uber lost $ 5.8 billion during this period.

In the same period, the company’s revenues decreased by 18 percent compared to the previous period.

While there was a 53 percent decline in transportation revenues, there was a 125 percent increase in the activities of the other department that served as a food courier during this period, when the Covid-19 effect also experienced.

Written by Maraaz

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