Be aware: This article’s statistics arrive from 3rd-party sources and do not symbolize the opinions of this internet site.
Uber has turn into one particular of the swiftest-developing rideshare firms in the world, displacing taxi services in a lot of towns in the procedure. Transportation has become a mere contact on our smartphones absent, and foods services is also supplied! As an alternative of frantically hailing a taxi, basically get an Uber and chill while you wait. Under, we’ve compiled a listing of some of the most exciting details about Uber and its:
The 12 Uber Statistics
- Over 110 million people in the US use Uber monthly.
- Uber’s gross bookings revenue in 2021 was $25.9 billion.
- Over 19 million Uber trips are made daily.
- Five cities are responsible for 25% of all Uber bookings.
- Uber owns 68% of the rideshare market.
- Uber is available in over 100,000 cities across 72 countries.
- UberEats is the second most used food delivery service in the US.
- Uber is banned in Bulgaria, Denmark, Hungary, South Korea, and numerous other countries.
- Uber has promised to become a zero-emission platform by 2040.
- Roughly one-third of Uber drivers identify as Asian.
- There are 3.9 million Uber drivers across the globe.
- 27% of Uber drivers are female, and 40% of their W2 employees are female.
Uber Revenue
1. Over 110 million people in the US use Uber monthly.
(Statista)
This amount contains any individual who employs Uber for a experience or food supply at the very least when a month. At any time given that its inception, Uber has steadily gained monthly customers, despite Lyft arising as a competitor. The COVID-19 pandemic drastically slashed journey service, but Uber centered on increasing UberEats to compensate.
2. Uber’s gross bookings in 2021 equated to $57 billion.
(Uber)
Uber has consistently developed calendar year over calendar year in gross bookings, with 2020 as the sole exception gross bookings only arrived at $18 billion largely because of to the international pandemic. From 2020 to 2021, gross bookings grew at a prodigious 70% charge. With a market place share of 69% of the rideshare business, Uber is only developing as a organization.
3. Over 19 million Uber trips are made daily.
(Uber Investor)
The highest need for rides is for the duration of weekends, vacations, hurry hrs, and evening several hours. With cities turning out to be denser and increasing gas rates, a lot of folks have replaced autos with rideshare services like Uber. Uber is specifically convenient for commuting and achieving places that nearby metro services really don't reach.
4. Five cities are responsible for 25% of all Uber bookings.
(Slate)
24% of all Uber bookings are in New York Metropolis, Los Angeles, London, San Francisco, and São Paulo. Uber bargains with rigid competitiveness in these towns simply because people usually have the decision of using a subway or town bus. As a outcome, Uber provides more client special discounts, driver incentives, and other promotions to keep its industry share in densely populated regions such as these.
Uber Availability & Other Info
(Statista)
Lyft came out of the shadows and snagged a thirty% market share in 2019 right after a sequence of community scandals involving Uber. But after the COVID pandemic, Uber arrived out on best. Between them, Uber and Lyft are ninety nine% of the American rideshare market place, and their industry shares have remained steady for the earlier two several years.
6. Uber is available in over 100,000 cities across 72 countries.
(Uber)
Uber has repeatedly expanded its scope of procedure, and in spite of setbacks in some nations, the organization provides rideshare providers in a lot more nations around the world than any other competitor.
7. UberEats is the second most used food delivery service in the US.
(Statista)
UberEats has remained in 2nd spot powering DoorDash since it was initial presented, with just a 24% industry share. By comparison, DoorDash dominates with fifty eight% of the marketplace share. UberEats focuses on expanding cafe availability, with about double the participating eating places as DoorDash. Estimates show UberEats will attain a 30% marketplace share by 2023.
8. Uber is banned in Bulgaria, Denmark, Hungary, South Korea, and numerous other countries.
(The Telegraph)
Despite fantastic achievement in the US, Uber confronted rigid resistance from several nations around the world. The causes assortment from their therapy of personnel as contractors all the way to neighborhood monopolies on transportation. For case in point, Uber pulled out of South Korea soon after it found it could not compete with the country’s largest taxi business.
9. Uber has promised to become a zero-emission platform by 2040.
(Uber)
As the foremost US rideshare organization, Uber has come underneath scrutiny for contributing to worldwide carbon emissions, which in turn hastens the outcomes of climate change. In reaction, Uber has promised to changeover to an fully electric fleet by 2040. In fact, Uber currently offers drivers money to switch to an electric motor vehicle!
Uber Demographics
10. Roughly one-third of Uber drivers identify as Asian.
(Uber)
Whilst the bulk of motorists discover as Caucasian, the next-maximum demographic is Asian. Uber has fully commited to far more range in each their firm positions as nicely as providing much more possibilities to folks of colour. In reality, the director of Uber’s variety software is an Asian female.
11. There are 3.9 million Uber drivers across the globe.
(Statista)
Of these motorists, one.4 million are positioned in the US and Canada. California has more motorists than any other point out, with about 209,000 drivers. Uber is a specifically desirable ‘side hustle’ for individuals searching for supplementary revenue simply because it provides the versatility to perform as often or as little as you want, and the only requirement is possessing a auto.
12. 27% of Uber drivers are female, and 40% of their W2 employees are female.
(Uber)
Soon after an explosive scandal in 2018 concerning gender discrimination, Uber has fully commited to fostering a much more inclusive place of work tradition for individuals of all genders and identities. While systemic discrimination cannot be solved overnight, the organization appears to be making honest initiatives to battle discrimination.
Frequently Asked Questions About Uber
Do Uber Drivers Make a Lot of Monday?
It is a typical myth that Uber is a fantastic facet hustle, but it does not pay out as nicely as you’d believe. A 2019 study uncovered that most UberX motorists make, on average, $thirteen.70 an hour just before guidelines. When you factor in the value of fuel, maintenance, and insurance policy, this scarcely keeps your car managing. Numerous individuals don’t appear to recognize that in several circumstances, they get rid of income by driving for Uber. (Ridester)
Motorists that travel for the Uber Black software make really a bit more, averaging $24.87 before ideas. The downside is that Uber Black calls for specific varieties of automobiles. In fact, you’re necessary to have a black vehicle with black leather! So, while the suggestion potential is significantly greater, it is not value buying a new car only to drive for Uber Black.
How Flexible Is Uber As a Job?
This is exactly where Uber shines: scheduling versatility. In contrast to traditional work, Uber requires no bare minimum weekly or monthly motivation. Many drivers only perform for Uber during evenings or weekends, whilst some consider to choose up a experience or two on their way to their standard task. By shrewdly calculating hurry hours, drivers can estimate when upsurges in pay take place and maximize their earning potential.
Uber drivers can begin and stop work each time they want, and they have the discretion to refuse services to passengers for any purpose. Unfortunately, this flexibility will come at a cost. Uber drivers are not certain an hourly wage simply because they’re considered independent contractors, and neither are they qualified for worker’s compensation, health insurance policy, retirement ideas, and many others.
What Are The Requirements To Be An Uber Driver?
Uber is popular as a side gig since there are fairly handful of specifications to turn into a driver, but there are some stiff needs. Let’s check out what you require to grow to be an Uber driver.
Requirements include:
- Valid photo driver’s license
- Proof of residency
- Up to date car registration
- Proof of insurance
- At least 3 years of driving experience, or 1 year of experience if you’re under the age of 23
Uber has policies in several locations that your vehicle simply cannot exceed a particular age nor can it be a two-door vehicle. The Uber Black system has much a lot more stringent requirements, including valid industrial auto insurance policies. Get in touch with Uber for much more particular requirements in your metropolis.
Conclusion
Uber has taken in excess of the world of ridesharing and (arguably) food shipping and delivery, and its development doesn’t look to be slowing any time shortly. Drivers are captivated to the company to make some added money on the aspect or as a job, and passengers really like the simplicity of obtaining a experience by means of the app.
Highlighted Graphic Credit: Tero Vesalainen, Shutterstock
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