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)
Comments
Why is gross revenue per ride expected to go up in 2018? Is Uber planning to raise its rates?
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.
How are they valued so high when they have yet to bring in a profit?! #BigGovtScam
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.