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Uber quarterly revenue misses estimates

By Alexandria Sage and Vibhuti Sharma

Aug 9 2019 6:55AM

Says pricing pressure is easing.

Uber quarterly revenue misses estimates

Uber Technologies Inc reported lower-than-expected revenue for the second quarter on Thursday, but followed ride-hailing rival Lyft Inc in saying that the pricing pressure is easing. Uber shares fell nearly 13 percent in extended trading, while those of Lyft were down nearly 2 percent. Uber's ...

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