Uber raises first-quarter profit forecast on strong ridership, delivery growth


FILE PHOTO: The Uber Hub is seen in Redondo Beach, California, U.S., March 25, 2019. REUTERS/Lucy Nicholson/File Photo

(Reuters) - Uber Technologies Inc raised its outlook for first-quarter core profit on Monday, as its ridehailing business was recovering faster than expected on the back of a surge in airport rides and an increase in the number of offices being reopened.

The company also said customers continued to order food at a high rate in February.

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