Tuesday, May 2, 2023

Uber reports Q1 revenue up 29% YoY to $8.82B, gross bookings up 19% YoY to $31.4B, $761M in adjusted EBITDA, up from $593M in Q1 2022, and a $157M loss (Preetika Rana/Wall Street Journal)

Preetika Rana / Wall Street Journal:
Uber reports Q1 revenue up 29% YoY to $8.82B, gross bookings up 19% YoY to $31.4B, $761M in adjusted EBITDA, up from $593M in Q1 2022, and a $157M loss  —  Ride-hailing leader predicts continuing growth for current quarter  —  Continued demand for Uber Technologies ' ride-share …



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Global DRAM supply is likely to meet only 60% of demand through 2027; memory to hit ~40% of low-end smartphone manufacturing costs by mid-2026, up from 20% now (Nikkei Asia)

Nikkei Asia : Global DRAM supply is likely to meet only 60% of demand through 2027; memory to hit ~40% of low-end smartphone manufacturin...