Economy Country February 05, 2025

Uber Exceeds Revenue Expectations in Q4

Uber has surpassed revenue estimates in the fourth quarter as more people utilized the service, marking a strong performance in recent months.


The Uber company has exceeded revenue forecasts in the fourth quarter, as more and more people have started using their services.

"For us, the year 2021 ended with a strong fourth quarter. We are pleased to report that our revenues during this period surpassed expectations," - a quote from the company's announcement.

This success was linked to increased demand for taxi and food delivery services, which contributed to the growth in the number of users. Furthermore, the number of rides completed through the app also increased, which has positively impacted the company’s financial performance.

In addition, Uber representatives also emphasized that a key factor was the increase in the number of active users and the rise in average spending per user. The company plans to continue developing its services and attracting new customers.