Uber has announced its first ever annual operating profit, registering a significant milestone in the ride-sharing company’s history. This announcement propelled Uber’s stock to unprecedented highs and exceeded analysts’ expectations, fueled by strong demand for ride-hailing and delivery services, alongside its expanding advertising business. The company reported an operating profit of $1.1bn in 2023, a … Continue reading Uber achieves its first annual profit, driving its market value close to $150bn