Uber Outpaces Lyft With 21% Revenue Growth, $1.9 Billion Profit
Uber reported a 21% year-over-year revenue increase and $1.9 billion operating profit, widening its lead over Lyft’s 14% growth and $5.3 million loss. Uber Technologies posted a 21% year-over-year revenue increase in the first quarter, driven by expansion in ridesharing, m