Uber reports Q1 revenue up 29% YoY to $8.82B, gross bookings up 19% YoY to $31.4B, $761M in adjusted EBITDA, up from $593M in Q1 2022, and a $157M loss (Preetika Rana/Wall Street Journal)

Preetika Rana / Wall Street Journal:
Uber reports Q1 revenue up 29% YoY to $8.82B, gross bookings up 19% YoY to $31.4B, $761M in adjusted EBITDA, up from $593M in Q1 2022, and a $157M loss  —  Ride-hailing leader predicts continuing growth for current quarter  —  Continued demand for Uber Technologies ‘ ride-share …