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Uber's $48B Valuation Explained - How Uber is faring and growing since 2017.

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ippei
1200 Driver Rider Guru
 Posted 1 year, 4 months ago

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Some critical metrics from Forbes.  I pulled this data from their interactive dashboard.

- Gross Revenue expected to grow from $20B in 2016 and $37B in 2017 to $50B in 2018.

- Monthly Active Riders to grow from 50M in 2016 and 75M in 2017 to 100M in 2018.

- Number of Rides per User to grow from 42 in 2016 and 53 in 2017 to 55 in 2018.

- Number of Rides to grow from 2.1B in 2016 and 4B in 2017 to 5.5B in 2018.

- Gross Revenue per Ride - $9.524 (2016), $9.326 (2017) to $9.50 (2018)

https://www.forbes.com/sites/greatspeculations/2018/02/22/breaking-down-ubers-valuation-an-interactive-analysis/#3c6ef7084785

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    scantilysam
    101 Rider Driver
     1 year ago

    Why is gross revenue per ride expected to go up in 2018? Is Uber planning to raise its rates?

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      Peterthebull
      140
       1 year ago

      Hmm, good question. Or I guess people could be taking longer more expensive rides?  Or askewed growth with more expensive cities?  I don't know. 

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    MyAIbeatsyourAI
    12 Rider
     1 year ago

    How are they valued so high when they have yet to bring in a profit?! #BigGovtScam

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    kstark77
    100
     1 year ago

    Wait what?  Number of Rides per User is 50?  Once every week?  for EVERYONE?  That seems high.

    I guess it must consider only active users. I wonder how that is defined.