Uber (UBER.US) Q1 financial report did not meet expectations, with self-driving taxis becoming a new engine of growth.

According to the Zhitong Finance and Economics APP, Uber's total bookings for the first quarter of 2025 were lower than expected, and there are signs of a slowdown in the growth of its ride-sharing business. This may suggest a trend of reduced spending by consumers against the backdrop of poor economic sentiment. The financial report shows that Uber's total orders in Q1 were $42.8 billion, slightly lower than analysts' expectations of $43.1 billion, with revenue and operating profit both at $11.5 billion, also below expectations.