Uber revenue surpasses expectations as ride-sharing recovers; new CEO faces growth challenges

Lyft's revenue growth is expected to lag behind Uber's for the sixth straight quarter
Uber's revenue grew 29% in its most recent quarter, reaching $8.8 billion.
Uber is on track to generate a quarterly profit from the strength of its business operations sometime this year.
Uber's delivery business grew 8%, while its freight business shrank 23%.
Uber's Q1 revenue was $8.82 billion, beating analysts' expectations.