![]() ![]() ![]() It said airport gross bookings had reached pre-pandemic levels, at 15% of total mobility gross bookings, up 139% year-over-year.įor the third quarter, Uber expects gross bookings between $29 billion and $30 billion and adjusted EBITDA of $440 million to $470 million. Uber also benefited from the resurgence in travel. "The most obvious effect of inflation seems to be getting more drivers on the platform," Khosrowshahi said on CNBC's " Squawk on the Street." He said over 70% of drivers said inflation and cost of living played a part in their decision to join Uber. Khosrowshahi said on a call with investors that new driver sign-ups were up 76% year over year. Drivers and couriers earned an aggregate $10.8 billion during the quarter, up 37% year over year. Monthly active platform consumers reached 122 million, up 21% year over year. The company reported 1.87 billion trips on the platform during the quarter, up 9% from last quarter and up 24% year over year. ![]() They'll be able to choose the trips they want, for example, and will be able to see how much they'll earn before they accept a trip. Uber recently announced new changes that may help it continue to attract and keep drivers. Consequently in July, surge and wait times are near their lowest levels in a year in several markets, including the US, and our Mobility category position is at or near a multi-year high in the US, Canada, Brazil, and Australia." "Against the backdrop of elevated gas prices globally, this is a resounding endorsement of the value drivers continue to see in Uber. "Driver engagement reached another post-pandemic high in Q2, and we saw an acceleration in both active and new driver growth in the quarter," Khosrowshahi said in prepared remarks. Revenue doesn't include the additional taxes, tolls and fees from gross bookings.ĭespite the increase in fuel prices during the quarter, Uber said it has more drivers and couriers earning money than before the pandemic, and it saw an acceleration in active and new driver growth. Uber's freight segment delivered $1.83 billion in revenue for the quarter. Its mobility segment reported $3.55 billion in revenue, compared with delivery's $2.69 billion. That trend continued during the second quarter. Ubar is sealed and its rulers are imprisoned until their Pretender God awakens. It is ruled by the Jinnun, invisible beings sprung from Smokeless Flame, but most of the population are human slaves. Uber relied heavily on growth in its Eats delivery business during the pandemic, but its mobility segment surpassed Eats revenue in the first quarter as riders began to take more trips. EA Ubar, Kingdom of the Unseen Lore Ubar is the kingdom of the Jinnun, hidden in the sands by ancient magic. Mobility (gross bookings): $13.4 billion, up 57% from a year ago in constant currency.ĭelivery (gross bookings): $13.9 billion, up 12% from a year ago in constant currency. ![]()
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