Uber Eats Doubles the Business While COVID-19 Pushes Rides on Backseat
With increased customers' ordering, Uber Eats delivered food-orders more than double in second quarter. However, Uber Rides faced the heat of the coronavirus pandemic. According to Uber Technologies, ride-hailing trips rose by five percent from their low in April but remained down by 75 percent compared to last year. Uber posted a 1.8 billion USD net loss during April-June. It has laid off its 23% global workforce as well.