Bible 3Q21: Ride sharing in full recovery mode; food delivery holding and with further growth ahead
We publish today the second section of our 3Q21 Bible, on the ride-sharing and food delivery market. Ride-sharing bookings continued to recover and were back to pre-Covid levels in several major economies, driving Uber to reach its first profitable quarter. Food delivery stabilized with summer seasonality, but there is still room for further growth, even as in-store dining reached all-time highs.
Uber Technologies provides ride hailing services. The company develops application for road transportation, navigation, ride sharing, and payment processing solutions. The company serves customers in the United States and Canada, Latin America, Europe, Middle East, and Asia Pacific markets, excluding its discontinued China operations.
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