When you want to go to work or even a party, Uber is always ready. Whether you’re a mom working late, a college student on a budget, or just looking to hang out at home, Uber can help you get around. This app will pair you with a professional driver within minutes so you can get to where you need to go quickly and safely. In addition, you can also use Uber Eats feature in this app to deliver your food easily without moving an inch. Perhaps you are just a new beginner with this app, then these Uber facts below will surely blow your mind.
Uber is the leading global ridesharing, food delivery and transportation network company. Behind its amazing purpose of supporting people’s daily needs, its growing business facts are also interesting to reveal. This article will tell you some amazing Uber facts you may never know. Without any further ado, let’s jump to the list!
1. Uber Has 109 Million Monthly Active Riders As of 2021
One of the most widely used ride-hailing apps worldwide is Uber. According to Uber statistics, the platform saw its highest engagement rate in Q4 2019 with 111 million active riders each month. Due to COVID-19, however, Q2 2020 had a record low with 55 million riders each month. Fortunately, the company recovered and nearly reached its original condition.
Moreover, 93 million individuals used the Uber app on a monthly basis in the fourth quarter of 2020. In comparison to the prior quarter of 2020, this represents an increase. In 2021, how many users did Uber have? It hit 109 million monthly active riders, according to data from Q3.
2. Uber Gross Mobility Bookings Continuously Increased After Pandemic
Uber’s global footprint has grown significantly during the past three years, despite the criticism that frequently accompanies the corporation. Uber bookings have more than tripled in value since late 2016, totaling over 40.7 billion dollars in the first nine months of 2020. Uber’s gross bookings reached their peak in the fourth quarter of 2019 at slightly over 18 billion dollars. Over 58 percent of all bookings in the fourth quarter of 2020 came from Uber Eats.
Furthermore, gross bookings increased by 51% year over year (YoY) to $25.9 billion in 2021, or 50% on a constant currency basis. Mobility gross bookings increased by 67% YoY to $11.3 billion, while delivery gross bookings increased by 34% YoY to $13.4 billion. To reach 1.77 billion travels during the quarter, trips increased by 23% YoY, or 19 million journeys on average per day.
3. More Than Half of Drivers Exclusively Use The Uber App
Uber’s business and income model depends on both its drivers and passengers. As a result, it is crucial for Uber to consider the requirements of its drivers in addition to those of its consumers. In fact, 58.7% of drivers in the US choose Uber as their main platform because of their commendable efforts to put drivers’ needs and challenges into perspective.
In addition, 16.8% of drivers primarily use Lyft while over 60% only use Uber. 20% of the remaining utilize both businesses equally. Only 4.5 percent is left over for other businesses.
4. Uber Drivers Make $364 Per Month On Average
Uber drivers make $364 monthly on average. Even while that seems insignificant, keep in mind that most users use the app as a secondary source of money rather than their main source. According to a separate study by Princeton University, they discovered that the majority of Uber drivers had other occupations they were working at either full- or part-time before they started driving for Uber.
The typical hourly wage is just around $16. That comes pretty close to the pay of Lyft drivers. Thus, it’s possible that individuals select Uber just because it’s the most widely used alternative.
5. Uber Eats Is One of The Most Popular Food Delivery Services Worldwide
It has become even more obvious that when there is a demand, the market will find a way to fill it as evidenced by the success of Uber Eats, despite its origins as a ride-sharing service. And as a result, the client reaps the rewards. After being introduced in 2014, the app extension quickly gained popularity. There were five million Uber Eats customers in 2016. Their population grew to 66 million in 2020. The app rose to the top of the meal delivery services world.
According to Forbes, Uber Eats is on target to make approximately $1 billion in sales in the coming year. In 2021, Uber Eats’ revenue was $8.3 billion. Over the past two years, it has quickly increased its revenue.
6. Uber Sold More Than 25,150 Pounds of Bananas in the US in One Month
Uber Eats has become everyone’s best buddy during the pandemic. And what do folks typically order? It turns out that bananas are the most frequently ordered item on Uber Eats in the US. In September 2021 alone, Uber delivered over 25,150 pounds of bananas, according to the Uber Eats Cravings Report from the ride-hailing service.
However, many also purchased other items. Deliveries of groceries significantly increased. One consumer purchased 218 groceries for a total of $7,719.82. We surmise that they were getting ready for a protracted lockdown.
7. Nearly 18 Million Rides Are Completed Everyday On Uber
Revenue at Uber is rising. Both drivers and cyclists are now more numerous. But how many Uber trips are actually finished each day? According to Uber’s most recent financial report, daily rides have climbed by 39% since 2020. Uber performed 17.4 million trips daily on average in 2021.
It displays a significant upswing following the pandemic. Uber’s total quarterly trips fell by 24.21% in 2020’s pandemic, totaling 1.44 billion trips per year. At the end of 2019, Uber achieved the milestone of 1.9 billion journeys.
8. Houston Has The Highest Uber’s Market Share
In just 5 metropolitan areas, Uber processes 22% of all of its gross mobility bookings. Houston, Texas, has Uber’s greatest market share among the most populated US cities with 72%, according to Backlinko. In Phoenix and Detroit, Uber has the lowest market share with 56% overall. Uber holds a 68% market share in the country.
Larger cities should logically require additional transit options. In a megapolis, few people are insane enough to drive to work. Uber is therefore most popular in these places. Houston, Washington, D.C., Miami, New York City, Chicago, Boston, San Francisco, and Los Angeles are some of the biggest cities rated by Uber usage.
9. The Longest Uber Ride Was 39 Hours
MrBeast, a well-known YouTuber, took an Uber from North Carolina to Los Angeles, California. Amazingly, the trek is 2,256 miles long and takes 39 hours. The trip is $5,500 in price. He broke records and created history by taking the longest Uber ride ever.
Before accepting the challenge and starting the lengthy trip, which would last several days by the time he returned, the Uber driver, Anthony, sought his wife’s approval. Fortunately, Anthony had a lot of experience operating commercial trucks over vast distances.
10. More Than 90 Fatal Crashes Involved Uber Cars In One Year
Yes, ridesharing services are convenient and reasonably priced. What about their security, though? According to research from Brookslawgroup, the number of fatal road accidents has increased by around 3% since 2011. This is a result of the growing number of ride-sharing vehicles on the road, which accounts for roughly 987 fatalities daily. Between 2017 and 2018, 97 fatal crashes involving Uber vehicles resulted in 107 fatalities.
Uber-related car accidents resulted in 107 fatalities in just one year. Uber passengers made up 21% of the victims, Uber drivers made up 21%, and third-party drivers made up 58%. Nevertheless, given the total number of travels, the accident rate isn’t greater than it is for ordinary car trips.
11. Uber Operates In More Than 60 Countries
In many cities throughout the world, Uber is accessible. With an Uber account, you may call for a ride whenever you want, seven days a week, in any city where Uber runs. In 2010, the first Uber journey took place across San Francisco. Today, more than ten years later, this app is accessible everywhere.
How many nations is Uber present in today, more than a decade later? Uber has completed more than seven billion journeys as of 2019 and operates in 69 different countries. Additionally, this app is available in over 10,000 cities. Surely the more the merrier?
12. Uber’s Market Share of The US Ridesharing Services Equals 72%
According to a breakdown of sales between Uber and Lyft in May 2022, market share has stayed consistent throughout the course of the previous months. Uber continues to rule, accounting for 72% of all rideshare spending in the US. Most Uber Eats transactions have been excluded from Uber’s market share since August 2017, however some still cannot be distinguished, particularly between May and mid-August 2019.
Even though they appear to be remarkable, these are the lowest numbers in Uber’s record. The corporation held a 91% market share in 2015. Why, therefore, are the numbers declining? Because of Lyft’s development and the ongoing competition between it and Uber, the answer is actually fairly straightforward.
13. Sixty Three Percent of Ridesharing Services Users in The US Are Loyal To Uber
Uber was severely impacted by the global pandemic, yet the platform still has its devoted customer base. According to Backlinko, Uber is the only ridesharing service that 63% of US consumers use. Another 27% of customers only use Lyft to schedule rides. Only 10% of clients in the US utilize both Uber and Lyft.
Uber’s whole business model is built on customer loyalty. from gaining new clients, recouping lost clients, rewarding their drivers, and retaining their most ardent consumers. This has led to a large number of devoted customers.
14. Uber Holds 12.7% of The Taxi and Limousine Company Market Share
In only a few short years, the way that people use taxi and limousine services has altered as a result of technology and ride-hailing apps that have taken over the market. An industry that was formerly localized is now accepting international competitors who are rapidly growing their market share. In 2019, the top 6 businesses had more than 20% of the market for taxi and limousine services globally.
According to the most recent research from The Business Research Firm, Uber is the largest taxi and limousine company in the world with a 12.75% market share. Of course, this is astounding for a business that was founded in 2009, just over ten years ago.
15. Uber is More Economical Than A Taxi In 16 Out of 20 Major Cities In The US
Nearly all major cities now offer rideshare services like Uber and Lyft, effectively giving taxis a run for their money. It might be challenging to compare the costs of using an Uber vs. a cab, even while using your smartphone to call one can be simpler. According to a GoBankingRates survey, Uber was the more affordable option in 16 out of 20 significant U.S. cities.
In addition, Uber statistics which are broken down by city reveal that in several cities, including Los Angeles, San Francisco, and Detroit, Uber is less expensive than taxis. Taxis, on the other hand, are less expensive in New York. More exactly, a cab in New York costs $2.50 up front and 50 cents for every 15 mile, whereas UberX costs $2.55 up front, 35 cents per minute, and $1.75 for every mile.