After long and turbulent months, Uber appears to be steadily on the rise. CNN Money reports that, while Uber lost $891 million, the company made $2.8 billion in quarterly revenue, up by 63 percent during the same time last year.

It all plays into Uber's plan, says Uber CEO Dara Khosrowshahi. In his statement, he clarified that they're dedicated to the growth of their platform. He also said that they've enjoyed a strong quarter, where business growth has been unparalleled; Uber's growth has continued to exceed expectations, as seen in their quarterly report which they regularly released, though they're not required to do.

It is a far cry from where they've been only a few months before, per Quartz. Before Dara Khosrowshahi stepped in, the ride-hailing titan had seen pretty stressful times. When it was founded in 2009, the company managed to burn through $10.7 billion that easily. To be fair, the money lost was money well-spent; it was all for building up the company, retaining loyal customers on discounts and building up a loyal flotilla of drivers with incentives.

What followed was a steady stream of money going out of the company. Its incentives to drivers, which continued to flow out to the tune of $7.9 billion, turned out to be its biggest loss. The drivers it considered active only had to complete at least four trips in a month, and they received incentives. These 'active' drivers were gifted with incentives and other rewards worth $413 million collectively.

The steps that CEO Khosrowshahi took was to keep in line with the goals of Uber. The CEO has repeatedly said in the past that he wants Uber to go public. This was a departure from Uber co-founder and former CEO Travis Kalanick's vision, who wanted to keep the company private for as long as "humanly possible." With Kalanick out, Khosrowshahi is free to pursue his own vision.

Uber isn't out of the woods yet; there are still other hurdles and challenges to overcome. New York City just passed a bill aiming to regulate and ban ride-hailing services, such as those of Uber, for a time. Unless the drivers are paid a stable minimum rate, Uber and other ride-hailing services like it won't be able to compete normally.