Thursday, May 30, 2019

Uber loses $1 billion in quarter as costs grow for drivers, food delivery

Uber loses $1 billion in quarter as costs grow for drivers, food delivery Shares rose 2.6 percent following a conference call with executives in which CEO Dara Khosrowshahi cited business improvements, such as fewer consumer promotions in the second quarter

from Moneycontrol Business News http://bit.ly/30VwoIF

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Short-term volatility may persist, but FII flows and economic activity to keep sentiment positive: Vikas Khemani

Vikas Khemani of Carnelian Asset Management remains optimistic about Indian markets, citing a strong domestic growth story and the resolutio...