Uber Losses Reach Double Digits in Second Day of Trading

Uber's shares fell significantly after its IPO, reflecting market concerns about its profitability and growth. The company faces challenges in its core ride-hailing business, which is slowing down, and must invest heavily in R&D and subsidies. Uber Eats, its food delivery service, holds a significant market share but also faces competition. Analysts have mixed views on Uber's future, with some optimistic about long-term success if the company executes its strategy well.

What market share does Uber command in the third-party delivery business?

• 20%

• 21%

• 22%

• 23%

What is the price target set by the analyst from Wedbush for Uber?

• $50

• $60

• $65

• $70