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The take rate is the story of the first quarter.
Uber (UBER -0.38%) has crushed its competition and is growing again, but the real change is the amount of each ride's revenue the company is taking. In the video below, Travis Hoium highlights why the "take rate" is the story of the first quarter for Uber.
*Stock prices used were end-of-day prices of May 2, 2023. The video was published on May 3, 2023.
Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Uber Technologies. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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