Mindblown: a blog about philosophy.

Revenue for Uber Eats food delivery service, grew 64 per cent year over year, reaching $645 million. Uber Freight service grew 78 per cent year over year, coming to $218 million for the quarter. As with any equity, quarterly earnings announcements, as well as the financial performance of the wider stock market are two crucial…

The net earnings figure includes non-operating expenses such as interest and taxes. Gross profit is the revenue generated from sales minus the cost of goods sold (COGS), serving as an initial measure of a company’s profitability. When you sell the item, this price becomes your income or revenue. In other words, revenue is the money…

It has also implemented automated fraud detection software to help identify infractions against its flagging policies. The number of fake or harmful company reviews that Trustpilot removed from its platform, according to its second annual transparency report, released in 2022. The “bad” score was immediately alarming, until I noticed that the company hasn’t claimed its…