Uber's bookings hit a record $29.1 billion in the second quarter—shares are surging 14%.
record customer bookings of $29.1 billion in the second quarter and quarterly revenue of $8.1 billion, more than doubling from last year and shooting past expectations of $7.4 billion.
In a post-earnings conference call, Uber CEO Dara Khosrowshahi acknowledged the recovery is"still trailing" in a couple of U.S. cities, especially on the West Coast, but said demand should continue to improve into the second half and noted Uber trips are back to record highs, growing 24% year over year and 12% as compared to 2019.
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