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Data analytics firm Second Measure estimated Uber Eats held 22% of the U.S. food delivery market in 2018. In July 2020, Uber Eats’ market share was estimated at 23%.
This flexible, capital-light business model works. In the second quarter, Uber generated $1.7 billion in free cash flow.
Uber's (NYSE: UBER) stock price will set a new high because of three factors: its business, cash flow, and AI. These factors set Uber apart from competitors, making it the leading player in ride ...
Uber's most significant problem so far is its inability to actually make money. As the chart shows, both net income (bottom-line profit) and free cash flow have been negative since the company ...