BUSINESS

Uber’s Business Booms In spite Of High Gas Prices

Uber’s revenue skyrocketed to $8.1 billion during the three months ending in June, doubling from the previous year as more customers turn to the ride-hailing service.

In its quarterly earnings report, the company said the number of consumers and drivers using its platform is at all-time highs.

Uber recorded 122 million people using its platform each month, up 21% from the prior year.

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Edited by Jesus Chan

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