Uber's delivery service bigger than its ride-hail business, Eats generated $1.2 billion in the second quarter
As the pandemic forced its ride-hail business to a halt, Uber's delivery service noted a massive growth and it's now Uber's biggest source of revenue. Earnings from Eats reached $1.2 billion in the second quarter, double a year earlier, the company reported on Thursday. Meanwhile, Uber's Rides business revenue plummeted 67%, to $790 million. Similarly, gross bookings for Rides declined 73% over that period.