Uber Eats, micromobility services are growing faster than Uber’s core ride-hailing business
Uber’s ride-hailing business is growing more slowly than its newer bets. In Uber’s Q1 2019 earnings, the company reported gross bookings growth of 230% for its other bets, while ridesharing grew just 22% compared to the same quarter last year. Gross bookings are the revenue earned minus things like taxes, tolls, fees, wages paid to …