Record Growth in Trips and Bookings
Uber achieved record highs in audience and frequency, with trips and gross bookings both increasing by 18%.
New Highs in Financial Metrics
Uber reached new highs for adjusted EBITDA, GAAP operating income, and free cash flow, with expectations for continued strong performance in Q3.
Platform Strategy and User Engagement
Uber's platform strategy is showing success with users engaged across Mobility and Delivery having 35% higher retention rates and generating 3x the gross bookings and profits compared to single business consumers.
Autonomous Vehicle Expansion
Uber expanded its AV operating zones in Austin and Abu Dhabi, launched exclusively with Waymo in Atlanta, and announced new partnerships with Baidu, Lucid, Nuro, and Wayve.
Share Repurchase Authorization
Uber announced a new $20 billion share repurchase authorization as part of its focus on shareholder value creation.
Strong Membership Growth
Uber One membership grew 60% to 36 million members, with members spending 3x more than non-members.