Uber Technologies Inc. reported revenue in the fourth quarter that beat analysts’ estimates as it recorded the most active users in its history, helping mute disruptions from omicron in ride sharing and boosting gains in delivery.Revenue rose 83% to $5.8 billion, the San Francisco-based company said Wednesday in a statement. That beat the $5.4 billion analysts had projected, according to data compiled by Bloomberg.“While the Omicron variant began to impact our business in late December, mobility is already starting to bounce back,” Chief Executive Officer Dara Khosrowshahi said in the statement, noting that gross bookings are up 25% in the most recent week from a month earlier. The shares rose about 4% in extended trading.
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