Uber Technologies Inc. has experienced significant growth, with its stock value doubling over the past 12 months. The ride-sharing and delivery giant reported a 16% increase in revenue in 2023, totaling $37.2 billion. Its Free Cash Flow (FCF) grew by over 100% year-over-year. Uber's global operations now span over 10,500 cities in 70 countries, with 150 million active monthly riders. The company's Uber One membership program, which offers savings on rides and deliveries, has attracted over 19 million members. Additionally, Uber Eats saw an 11% year-on-year revenue increase, reaching $12.1 billion in 2023, with most drivers using the One Driver app. Uber is also expanding its services with Uber Direct, enhancing business deliveries, and investing in autonomous vehicles to revolutionize urban mobility. However, Uber Freight faced challenges, reporting a 17% revenue decline in Q4 2023.
By 2030, customers could have access to self-driving, electric air taxis that travel between neighborhood “vertiports.” One company promises a seven-minute trip from Manhattan to local airports for the price of a rideshare. https://t.co/OLY7XLaD6j
#DeepDiveVideo $UBER Ride sharing and delivery company is up 100% in 12 months. Uber is steering towards the future with investments in autonomous vehicles, aiming to revolutionize urban mobility. https://t.co/5WykG6Xez9 https://t.co/TGu9xNNOoR
#DeepDiveVideo $UBER Ride sharing and delivery company is up 100% in 12 months. Uber Freight, addressing logistics challenges, reported a 17% decline in revenue in Q4 2023, highlighting the sector's volatility. https://t.co/5WykG6Xez9 https://t.co/OXPJXY2jWn
With the backing of Toyota and Delta, Joby Aviation is one of the largest companies looking to bring battery-powered aircraft to market. On this episode of NEXT, @MadisonMills22 explores the eVTOL air taxi: https://t.co/h2suOs6TeJ
#DeepDiveVideo $UBER Ride sharing and delivery company is up 100% in 12 months. Uber Direct empowers businesses with Uber's network for efficient deliveries, broadening Uber's service offerings. https://t.co/5WykG6WGJB https://t.co/ZPjHcVTKmj
Do you prefer the term flying cars, eVTOLs, or air taxis? Whatever the term, we can expect Archer and Joby to be operational in 2025. Read my detailed blog on flying cars here: https://t.co/mscqLvAYZ6 https://t.co/xutL8SHeyZ
#DeepDiveVideo $UBER Ride sharing and delivery company is up 100% in 12 months. Uber Eats experienced a revenue boost to $12.1 billion in 2023, reflecting an 11% year-on-year growth. With One Driver app, most drivers deliver too https://t.co/5WykG6Xez9 https://t.co/Wx6K8nxRWT
#DeepDiveVideo $UBER Ride sharing and delivery company is up 100% in 12 months. Uber One, the all-encompassing membership, offers savings on rides, deliveries, and more, enhancing the customer experience. With over 19M members for Uber One https://t.co/5WykG6WGJB https://t.co/n5tqKO586S
#DeepDiveVideo $UBER Ride sharing and delivery company is up 100% in 12 months. In 2023, Uber generated a staggering $37.2 billion in revenue, marking a 16% increase from the previous year. FCF is growing at 90% YoY https://t.co/5WykG6WGJB https://t.co/7w8uLBvjTz
#DeepDiveVideo $UBER Ride sharing and delivery company is up 100% in 12 months. Uber's global market presence spans over 10,500 cities across 70 countries, and 150M active monthly riders https://t.co/5WykG6Xez9 https://t.co/CohgPMmPO1
#dailyVideo $UBER Ride sharing and delivery company is growing FCF and profit at over 100% We dive into the company, products, margins, controversies https://t.co/5WykG6Xez9