Uber revenue jumps 83 per cent
Uber says its post-pandemic recovery is well under way. It reported revenue up 83% year-over-year to $5.8 billion in the fourth quarter of 2021,
The rebound shows ‘how eager people are to move around’ and ‘how delivery has become an important part of their daily lives,’ says CEO Dara Khosrowshahi.
Ride-hailing ‘is already starting to bounce back’ after the Omicron peak in late 2021. Uber had 118 million monthly active users on its platform last quarter, its highest number to date.
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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