Uber's (UBER) efforts to expand its Delivery operations in response to the surge in business are impressive. However, rising expenses are concerning as they pose a threat to Uber's bottom line.
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Uber (NYSE: UBER) has fully recovered from the COVID-19 pandemic. The trend shows Uber is taking market share from its smaller rival. There's one key advantage that is giving Uber the ability to grow its ridership faster than Lyft, and that advantage could also help it take on competitors in the delivery space, among others.