Uber posts big loss as pandemic clobbers ridesharing, despite delivery offset
February 11, 2021
Uber on Wednesday reported another hefty loss in the final three months of 2020, though the company’s food delivery operations partly offset the hit taken from the decline in ridesharing during the pandemic. Thanks to ...
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Shell, Mitsubishi unit Eneco to supply wind power to Amazon’s European facilities
February 9, 2021
Royal Dutch Shell and renewables firm Eneco, owned by Japan’s Mitsubishi Corp, will provide Amazon.com Inc’s European facilities with electricity from an offshore wind farm, they said on Monday. Retail giant Amazon, which faces pressure ...
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Ebay is latest online retail giant to report strong earnings
February 7, 2021
Ebay’s revenue jumped 28 percent to $2.89bn, beating analysts’ average projection amid the ongoing pandemic-fuelled e-commerce boom [File: Bloomberg] Shoppers wary of crowds and bored with the pandemic are increasingly filling their online carts, and ...
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