Uber shares closed 2.5% lower following mixed first-quarter financial results.
Uber's net income for the quarter was $1.78 billion, exceeding analysts' expectations of 83 cents per share on an adjusted basis.
Although Uber's profitability improved faster than anticipated, its revenue of $11.53 billion fell slightly short of expectations.
In efforts to sustain growth, Uber is focusing on markets with limited drivers and plans to pilot autonomous vehicles. The company's delivery unit saw an 18% sales increase and is leveraging partnerships and advertising services for further growth.