Uber Misses on Ride-Hail Bookings as Overseas Driver Shortage Weighs on Growth
Uber reported weaker-than-expected ride-hailing bookings and trips, underscoring how a tight overseas driver market and broader operating headwinds are constraining growth in its core mobility business. While revenue still beat expectations and delivery remained a stabilizing force, investors are focusing on signs that the company is spending more to attract and retain drivers as it works to restore supply.
