Uber posts big loss as pandemic clobbers ridesharing, despite delivery offset

The pandemic has done a number on Uber's bottom line, with the ridesharing firm suffering RM3.9bil in losses. — Reuter

Uber posts big loss as pandemic clobbers ridesharing, despite delivery offset

Uber on Wednesday reported another hefty loss in the final three months of 2020, though the company's food delivery operations partly offset the hit taken from the decline in ridesharing during the pandemic.