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Sources: ByteDance is on track for ~$50B profit in 2025 after generating a ~$40B net income in the first three quarters, surpassing its internal target for 2025 (Bloomberg)

Bloomberg : Sources: ByteDance is on track for ~$50B profit in 2025 after generating a ~$40B net income in the first three quarters, surp...

31 October 2024

Uber reports Q3 revenue up 20% YoY to $11.2B, above est., gross bookings up 16% YoY to $41B, a $1.1B operating income, above est. and up from $394M in Q3 2023 (Stephen Morris/Financial Times)

Stephen Morris / Financial Times:
Uber reports Q3 revenue up 20% YoY to $11.2B, above est., gross bookings up 16% YoY to $41B, a $1.1B operating income, above est. and up from $394M in Q3 2023  —  Chief executive Dara Khosrowshahi points to ‘solid results’ in ride-hailing app's core business

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