The local company’s net profit reached RON1.2 million in 2020, up 52% compared with 2019. This is the company’s best result yet despite the lockdown period when rides were fewer.
“During lockdown we encouraged drivers to stay at home and drive only if necessary. (…) We focused on developing better and safer products and we looked at how they can be used at such a time. For instance, we encouraged companies to use Uber For Business to get their employees safely to the office,” company representatives said.
Globally, Uber reported a $6.77 billion net loss in 2020, 20% lower than in 2019 when losses topped $8.5 billion.
In August 2020, Uber bought tech company Autocab, which connects passengers with local taxi operators.