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Uber is suffering

 Uber delivery services recorded a big loss in the third quarter of this year, with the passenger delivery service affected as a result of reduced demand for it due to Corona.


The San Francisco-based company said total flight reservations fell 53% year-on-year in the three months ending September 30, and in the second quarter of the year bookings fell 75%.

Food delivery service was Uber's lifeblood during the epidemic, according to the American "Wall Street Journal", as bookings in the Uber Eats delivery section more than doubled year-on-year and advanced 23% from the previous quarter.

But this increase was not enough to offset the losses, as revenues fell 18% to $ 3.13 billion.

Net losses narrowed this year to $ 1.09 billion compared to $ 1.16 billion last year, in part due to massive cost cuts, as Uber laid roughly a quarter of its employees during the pandemic.

In the United States, reservations are down 60% year-on-year, and flight bookings in Europe, the Middle East and Africa are down 36%.

Uber Chief Financial Officer Brian Roberts has warned that bookings in Europe could be affected in the fourth quarter, with the increase in Corona cases and the imposition of new lockdown measures.

The company said it expects business to improve next year, especially after the purchase of Post Mets, a food delivery company, in a deal worth $ 2.65 billion, and Uber's shares rose more than 2% on Thursday to close at $ 41.96.

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