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Uber Eats delivery drive in Lisbon, Portugal. Photo: Horacio Villalobos - Corbis/Corbis via Getty Images

Uber provided a look into its food delivery business — Uber Eats — as part of its IPO filing on Thursday.

By the numbers: $7.9 billion in gross bookings for 2018, up from $3 billion in 2017. This translates to $1.5 billion in revenue, up from $587 million in 2017, and $757 million in adjusted net revenue in 2018, up from $367 million the prior year.

Why it matters: Bankers courting the company gave Uber Eats a lofty valuation and expected it to become profitable quickly. But Uber's regulatory filing shows that while it's a growing portion of the business, it's still much smaller than its core ride-hailing business.

Go deeper: Uber files for its IPO

Go deeper

Kaine, Collins' censure resolution seeks to bar Trump from holding office again

Sen. Tim Kaine (center) and Sen. Susan Collins (right). Photo: Andrew Harnik/Pool via Getty Images

Sens. Tim Kaine (D-Va.) and Susan Collins (R-Maine) are forging ahead with a draft proposal to censure former President Trump, and are considering introducing the resolution on the Senate floor next week.

Why it matters: Senators are looking for a way to condemn Trump on the record as it becomes increasingly unlikely Democrats will obtain the 17 Republican votes needed to gain a conviction, Axios Alayna Treene writes. "I think it’s important for the Senate's leadership to understand that there are alternatives," Kaine told CNN on Wednesday.

Stark reminder for America's corporate leaders

Rosalind "Roz" Brewer is about to become only the second Black woman to permanently lead a Fortune 500 company. She starts as Walgreens CEO on March 15.

Why it matters: It's a stark reminder of how far corporate America's top decision-makers have to go during an unprecedented push by politicians, employees and even a stock exchange to diversify their top ranks.

Ina Fried, author of Login
Updated 2 hours ago - Technology

Apple's quarterly sales top $100 billion for first time

Credit: Apple

Spurred by strong sales of the latest iPhones, Apple reported it took in a record $111 billion in revenue for the three months ended Dec. 31, as the company crushed expectations.

Why it matters: The move showed even a pandemic didn't dull demand for Apple's latest smartphones.