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May 6, 2021
SAN FRANCISCO (AP) — Uber saw record demand in the first quarter as its food delivery business grew while lockdowns ended and more customers hailed rides.
The San Francisco-based company said Wednesday that its bookings jumped 24% to $19.5 billion — an all-time high — in the January-March period. That was far ahead of the $18 billion Wall Street was anticipating, according to analysts polled by FactSet.
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