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Uber crosses 5 billion trips
June 29, 2017 / 5:20 PM / 3 months ago

Uber crosses 5 billion trips

An electronic billboard advertising Uber is seen in front of an office block in London, Britain, June 28, 2017. REUTERS/Toby Melville

(Reuters) - Uber Technologies Inc [UBER.UL] said on Thursday that the ride-hailing services company had completed 5 billion trips, as of May 20.

The news comes after a string of setbacks for the privately held firm, including the resignation of Chief Executive Travis Kalanick last week.

Uber, which was founded in 2010, said 156 trips started at the same time, helping the company cross the milestone.

Reporting by Aishwarya Venugopal in Bengaluru; Edited by Martina D'Couto

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