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This Small Part of Uber's Business Just Helped Multiply Delivery Profits. And It's Just Getting Started.

This Small Part of Uber's Business Just Helped Multiply Delivery Profits. And It's Just Getting Started.

Uber Technologies (NYSE: UBER) has managed to produce over $500 million in profits from its delivery business over the past two quarters, and there's one key driving force behind the gains. What's more, the advertising business is just getting started, with Uber committing to $1 billion in ad revenue by next year.