Revenue of $4.1 billion, growing 37% year-over-year or 39% on a constant currency basis Rides Adjusted EBITDA of $742 million, with continued margin expansion Uber Technologies, Inc. (NYSE: UBER) today announced financial results for the fourth quarter and full year ended December 31, 2019. Financial Highlights for Fourth Quarter 2019 Gross Bookings grew $4.0 billion year-over-year to $18.1 billion, representing 28% year-over-year growth, or 30% on a constant currency basis, with Rides and Eats growing 20% and 73% year-over-year, respectively, on a constant currency basis. Revenue grew 37% year-over-year, or 39% on a constant currency basis, up from 30% in the third quarter of 2019. Adjusted Net Revenue (“ANR”) grew 41% year-over-year, or 43% on a constant currency basis, despite seasonal impacts on both Rides and Eats ANR take rates. Take rates expanded over 200 bps and 300 bps year-over-year for Rides and Eats, respectively. Net loss attributable to Uber Technologies, Inc. of $1.1
NayaRead shows a summary and links to the original article. The full article is hosted on uber.com.