00:00 It's Benzinga and here's what's on the block.
00:02 Uber reported first quarter revenue of over $10 billion, beating estimates but posting a wider
00:08 net loss. Gross bookings slightly missed forecast, though mobility bookings grew 25% and delivery
00:14 18% year over year. Monthly active platform consumers were up 15% from a year ago. The
00:20 company cited robust demand and consumer spending shifts supporting its marketplace. Uber aims to
00:26 boost penetration in core services and expand into new segments to drive user growth. Shares
00:31 fell over 6% in Wednesday's pre-market trading. For all things money visit Benzinga.com
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