Gross Bookings Vs Revenue Uber

Uber eats contributed almost 30 percent to total bookings in the first quarter of 2020.

Gross bookings vs revenue uber. Revenue of 4 1 billion growing 37 year over year or 39 on a constant currency basis rides adjusted ebitda of 742 million with continued margin expansion uber technologies inc. Uber today announced financial results for the fourth quarter and full year ended december 31 2019. Uber gross bookings totalled 15 8 billion in q1 2020 representing the end of long run of growing quarterly revenue culminating in q4 2020 s 18 1 billion.

Revenue of 3 1 billion declining 18 year over year or 17 on a constant currency basis mobility adjusted ebitda of 245 million uber technologies inc. In both companies revenue is represented as bookings minus what drivers receive as earnings. Unlike uberrush and uberessentials two of the other piloted services uber eats survived to become a multi billion dollar business.

Uber s gross bookings peaked at just over 18 billion u s. Financial highlights for third quarter 2020 gross bookings declined to 14 7 billion down 10 year over year or 8 on a constant currency basis with. However when it comes to uber s overall revenue one dollar of.

Gross bookings however are not a complete representation of uber revenue. Adjusted net revenue grew more modestly for uber s ride sharing business up 10 compared to last year s quarter to 2 34 billion. Dollars in the fourth quarter of 2019.

Bookings refers to revenue generated from rides. Uber today announced financial results for the quarter ended september 30 2020. Gross bookings grew 22 to 11 45 billion.

Financial highlights for fourth quarter 2019 gross bookings grew 4 0 billion year over year to 18 1. Lyft data excludes taxes tolls and tips while uber revenue excludes tips only. Mobility adjusted net revenue including uber s core rides business declined 52 year over year to 1 37 billion for the third quarter while delivery.