How Much Money Does Uber Make A Day

Uber kickstarted the evolution of the taxi market in the early on 2010s, when information technology launched an app which easily connected drivers with riders. In California where the app launched, ordering a cab was a nightmare, so much so that co-founder Garrett Army camp had established his own fleet of black cabs to option him up from confined and clubs.

Camp recognised the value of this service, which was less temperamental than waiting on the sidewalk for a cab or waiting more an hr for someone to option them upwards. UberCab was founded in 2009 and Travis Kalanick joined shortly afterwards. Kalanick get the CEO soon subsequently in December 2010, a position he held until 2017.

During Kalanick's tenure every bit CEO, Uber became the make most people associate with ride hailing. It took the The states by tempest and quickly expanded into Europe, Asia and South America. Kalanick as well oversaw Uber launch Eats, Freight and its democratic vehicle unit of measurement, as he attempted to aggrandize Uber's accomplish to all parts of the transportation market.

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Kalanick's tenure brought lots of growth, but it too brought controversy. Uber's entry into countries and states ofttimes came earlier agreements had been made with those in power, which led to penalties and bans in some areas of the world. Allegations of sexual harassment and bullying in the workplace led to Kalanick resigning in 2017 and being replaced past Expedia CEO Dara Khosrowshahi.

Since 2017, Uber has taken its foot off the gas, selling its stake in India and leaving several European countries. It also sold its autonomous vehicle unit to Aurora, in return for a significant stake in the startup. It has cleaned up its prototype, although several countries are currently looking into whether Uber drivers should exist considered employees. The UK was 1 of the get-go countries to recognise them as such.

The coronavirus pandemic striking Uber'due south ride hailing business hard, although it did bounce back in Q4 2020 to pre-pandemic levels. Uber Eats became the master business organisation during this time, with over 200 per centum increment in revenue year-on-yr.

We have collected primal statistics on Uber. Read on below to find out more than.

Uber key statistics

• Uber generated $17.iv billion revenue in 2021,
• While Uber's ride hailing segment contracted by 24 percent, Uber Eats increased revenues by over 200 percent in 2020
• 93 million people used Uber in Q4 2020, beneath its top of 111 meg agile users in 2019
• Uber drivers completed iv.98 billion trips in 2020, a 27 percent decrease from the 6.9 billion trips in 2019

Uber overview

Launch engagement	May 2010
HQ	San Francisco, California
People	Dara Khosrowshahi (CEO), Travis Kalanick (co-founder), Garrett Campsite (co-founder)
Business blazon	Public (NYSE: UBER)
Industry	Ride hailing

Uber acquirement

Uber annual revenue

Yr	Acquirement
2014	$0.four billion
2015	$1.seven billion
2016	$v billion
2017	$7.9 billion
2018	$xi.3 billion
2019	$xiv.one billion
2020	$eleven.1 billion
2021	$eighteen.3 billion

Source: Uber

Uber revenue by segment

Year	Mobility	Delivery	Freight	Other
2018	$8.ix billion	$0.7 billion	$0.3 billion	$0.1 billion
2019	$10.iv billion	$1.iii billion	$0.7 billion	$ane.iii billion
2020	$7.9 billion	$4.viii billion	$0.9 billion	$1.3 billion
2021	$vii.5 billion	$8.three billion	$2.1 billion	$0.4 billion

Note: Uber sold its Advanced Technologies (ATG) self-driving sectionalisation to Aurora in 2021.

Source: Uber

Uber revenue by region

Twelvemonth	US & Canada	LATAM	EMEA	APAC
2018	$6.four billion	$1.ix billion	$1.7 billion	$i billion
2019	$viii.5 billion	$1.9 billion	$2.2 billion	$one.ii billion
2020	$6.8 billion	$i.3 billion	$one.8 billion	$1.v billion
2021	$ten billion	$1.4 billion	$iii.ii billion	$ii.7 billion

Source: Uber

Uber profit

Yr	Profit
2014	($0.7 billion)
2015	($1.vi billion)
2016	($3.6 billion)
2017	($4 billion)
2018	$ane billion
2019	($8.5 billion)
2020	($6.7 billion)
2021	($0.4 billion)

Annotation: Parentheses indicate loss.

Source: Uber

Uber gross bookings

Year	Gross bookings
2016	$19 billion
2017	$45 billion
2018	$50 billion
2019	$65 billion
2020	$57 billion
2021	$ninety billion

Source: Uber

Uber users

Year	Users
2015	xi one thousand thousand
2016	37 meg
2017	68 million
2018	91 million
2019	111 one thousand thousand
2020	93 1000000
2021	118 million

Source: Uber

Uber trips

Yr	Trips
2017	3.79 billion
2018	v.21 billion
2019	half-dozen.9 billion
2020	4.98 billion
2021	vi.3 billion

Source: Uber

Uber funding (full)

Twelvemonth	Funding
2011	$0.06 billion
2013	$0.44 billion
2014	$four.64 billion
2015	$5.64 billion
2016	$9.xiv billion
2018	$eighteen.9 billion
2019	$20.nine billion

Source: Uber

Uber vs Lyft: market share

Want to learn more about the ride hailing marketplace? Read our sector contour

Uber FAQ

How many people bulldoze for Uber?

In 2021, Uber had over five 1000000 drivers worldwide

How many trips per day are completed by Uber?

In 2021, Uber completed on boilerplate 17.4 one thousand thousand trips per day

How many cities is Uber available in?

Uber is bachelor in over 900 cities globally

What ride-hailing services does Uber have stakes in?

When Uber leaves a region, it usually sells its service to the largest competitor in render for a pale in the company. In Russian federation, it owns a 37 percent pale in Yandex Taxi and a 15 percentage stake in Mainland china's Didi. It also has a xix percent stake in Grab, which is popular in Southeast Asia.

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Source: https://www.businessofapps.com/data/uber-statistics/

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