Uber in the first quarter earned profit against loss a year earlier

Uber Technology in the first quarter received a net profit of $2 billion 460 million dollars against a net loss of $847 million a year earlier. According to The Wall Street Journal, the company has made a profit by consolidating operations in Russia and southeast Asia with other companies. These deals, representing the sale of assets, brought Uber about $3 billion. Revenue for the period increased by 70% to $2 billion 590 million dollars. The total volume of orders grew by 55% year-on-year. Relative to the fourth quarter, revenue rose by 7.5%, volume of orders - by 4.3%.

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