Uber One Memberships Jump 78% as Company Eyes Non-City Growth
Uber(UBER) PYMNTS.com·2024-10-31 19:02
Uber is looking beyond major cities for growth amid a jump in its membership program.The ride hailing/delivery company released quarterly earnings Thursday (Oct. 31) showing that its Uber One program now has more than 25 million members, a 70% increase year over year.In addition, the company saw more than $1 billion in GAAP operating income for the first time in Uber history and is on track to deliver 20% growth in gross bookings on a constant currency basis for the full year.During an earnings call with an ...