Uber's bookings rose 22% year over year, its per-share profit measure grew 35%, and cash flow over the past 12 months topped $10 billion. The planned purchase and self-driving push still need to scale, but the reported growth and cash are stronger evidence.
That gives Uber more room to invest and shows its rides and delivery business is growing. The planned purchase and self-driving work could widen its reach, but both still need to succeed. The reported growth and cash are stronger evidence than these unproven plans.
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