Uber Technologies, Inc. is a U.S.-based technology company best known for its ride-hailing platform, with expanding services in food delivery (Uber Eats), freight (Uber Freight), and autonomous vehicle development. Founded in 2009 by Garrett Camp and Travis Kalanick, the company is headquartered in San Francisco, California. It operates in over 70 countries and serves more than 150 million users globally.
📊 Financial Highlights (2024 Full Year)
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Revenue: $44.0 billion (↑18% YoY)
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Net Income: $9.86 billion (↑422% YoY)
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Earnings per Share (EPS): $4.71 (↑5.1x YoY)
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Gross Bookings: $162.8 billion (↑18% YoY)
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Free Cash Flow: $6.9 billion (↑105% YoY)
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Average Daily Trips: 3.1 billion (33 million per day)
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Monthly Active Platform Consumers (MAPCs): 161 million (↑13% YoY)
🚗 Segment Performance
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Mobility (Uber Rides):
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Revenue: $6.9 billion (↑25% in Q4 YoY)
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Adjusted EBITDA: $1.8 billion (↑22%)
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Delivery (Uber Eats):
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Revenue: $3.8 billion (↑21%)
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Adjusted EBITDA: $727 million (↑53%)
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Freight (Uber Freight):
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Revenue: $1.3 billion (flat YoY)
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🚀 Strategic Growth & Partnerships
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Autonomous Tech: Uber is partnering with Waymo to deploy autonomous electric vehicles in Los Angeles.
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Major Partnerships: Delta Air Lines, Dubai RTA, OpenTable, FreshDirect, Sally Beauty, and Petco.
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AI & Robotics: Collaboration with NVIDIA to build autonomous driving systems using advanced AI technologies.
🌱 Sustainability Goals
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Green Transition: Uber aims to be a fully zero-emissions platform by 2040 using electric vehicles, public transit, or micro-mobility solutions.
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Driver Support: The company offers incentives and resources to help drivers switch to electric vehicles.