The results signal that the San Francisco-based company is weathering slowing economic growth and rising inflation better than expected, even as spending in retail and other areas suffers.
in the face of sluggish demand and weak profits. Lyft is set to report its results later this week.
Uber generated $31.4 billion in gross bookings, which include ride-hailing, food delivery and freight. Chief executive officer Dara Khosrowshahi said in an interview with Bloomberg TV that he’s not seeing “any kind of a signal of a slowdown” in consumer habits. “I think in general, the consumer remains strong. They’re spending their money on experiences and food is a part of that.”
New mobility products also helped attract drivers and riders to the platform, Khosrowshahi said in prepared remarks.
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