“We made some big moves this year, acquiring businesses like Cornershop and Postmates while divesting others like ATG and Jump, and structurally lowering our cost base,” said Nelson Chai, CFO. “With two global businesses stitched together by world-class tech and increasingly valuable membership programs, we are more focused than ever on making people’s lives a little bit easier-helping them go wherever they want and get whatever they need.” “While 2020 certainly tested our resilience, it also dramatically accelerated our capabilities in local commerce, with our Delivery business more than doubling over the year to a nearly $44 billion annual bookings run-rate in December,” said Dara Khosrowshahi, CEO. Unrestricted cash, cash equivalents and short-term investments were $6.8 billion at the end of the fourth quarter. Mobility Adjusted EBITDA of $293 million, up $48 million QoQ and down $449 million YoY, and represented 19.9% margin as a percentage of Mobility Revenue.ĭelivery Adjusted EBITDA loss of $(145) million, reduced by $38 million QoQ and by $316 million YoY, and represented (10.7)% margin as a percentage of Delivery Revenue. was $968 million, which includes $236 million in stock-based compensation expense.Īdjusted EBITDA loss of $(454) million, reduced by $171 million QoQ and by $161 million YoY, and represented (14.3)% margin as a percentage of revenue. ![]() Net loss attributable to Uber Technologies, Inc. Delivery Revenue grew 19% QoQ and 224% YoY while Mobility Revenue grew 8% QoQ and declined 52% YoY. Revenue grew 13% QoQ but declined 16% YoY, or 15% on a constant currency basis. Gross Bookings grew 16% quarter-over-quarter (“QoQ”) to $17.2 billion, down 5% year-over-year (“YoY”), or 4% on a constant currency basis, with Delivery Gross Bookings growing 128% YoY and Mobility Gross Bookings declining 47% YoY, respectively, on a constant currency basis. (NYSE: UBER) today announced financial results for the fourth quarter and full year ended December 31, 2020.įinancial Highlights for Fourth Quarter 2020 as well as in Australia and India.Revenue of $3.2 billion grew 13% quarter-over-quarter (down 16% year-over-year)ĭelivery Gross Bookings grew 130% YoY with continued Adjusted EBITDA improvement The combined company has a history of supporting Clients in 20 countries, with a Client list that includes Fortune 500 companies and military and other government organizations. "The ability to not just create the content – eLearning, product documentation, online solutions – but also to manage and publish that content using the Orbis RSuite CCMS platform greatly expands the value that we bring to our Clients." "By becoming part of the Orbis organization, we immediately scale to work with companies worldwide," said Bernie Schneider, President of InfoPros, and now SVP of Client Services at Orbis. "It is all about adding value and driving down costs for our Clients, and the Orbis suite of component content management software products and services does just that, making it easier for our Clients to develop and deploy the content that is so critical to the day-to-day operations of their business."Ĭolorado-based InfoPros focuses on developing technical documentation, eLearning, 3-D animated content, and other documentation and training content for the Fortune 500, with offices located across the U.S. "The merger of Orbis and InfoPros brings together two market leaders to provide organizations a new way of managing their content," stated Brian Ippolito, President & CEO of Orbis. Orbis immediately assumes a position of market leadership in global enterprise content and information management, with products and solutions deployed worldwide. (Orbis) name and its headquarters in Annapolis, MD. The combined company retains the Orbis Technologies, Inc. ANNAPOLIS, Md., Ap/PRNewswire/ - Orbis Technologies, Inc., a global leader in Component Content Management Software (CCMS), services and solutions, announced that it has acquired InfoPros, one of the leading content developers serving corporate America.
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