Back in the first quarter of the year, Uber suffered a loss of $2.94 billion. Then, it became known that they bought a food delivery service. By the end of the summer, Uber Eats had become the company's largest service, revenue in the second quarter more than doubled. Uber also won a license dispute in London in September.
Technically, the UBER share price is moving in an upward channel. We have recently touched the upper boundary of the channel. Most likely the price will go to the in the near future.
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