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By Alex Lennane
Uber’s pre-IPO filing on the New York Stock Exchange yesterday cast some light on its freight operations.
Uber Freight, launched in 2017, is part of the company’s Other Bets division and brought in $125m in the quarter ending December 31 2018.
The filing says: “Other Bets revenue increased to $373m in 2018 compared with $67m in 2017. This increase was primarily related to the expansion of our Uber Freight offering.”
In fact, only $14m was not made by Uber Freight, while the Other ...
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