Uber’s total first-quarter revenue rose 14% from the year-ago quarter, to $3.54 billion, with a large help from its Uber Eats business, which just last week crossed the $25 billion gross bookings annual run rate. Total gross bookings for the first quarter were up 8% to $15.7 billion, with rides declining 3% and Eats growing 54% year-over-year.

Uber’s net loss widened to $2.9 billion, from $1.1 billion in the first quarter of 2019.

With the recovery being led primarily by commuter trips, that may open up new opportunities for Uber for Business, as more companies look to start moving their employees to and from offices again.

Still, we’re in the early days, and recovery timelines will vary geographically. So it’s hard say if the trend in Uber’s bookings will continue smoothly. But the hints of a recovery is perhaps what investors wanted to hear; Uber’s stock is currently up 11% in after-hours trading.

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