优步第四季度营收增长 20%，外卖业务成核心驱动力

Core Insights - Uber's Q4 earnings report shows revenue exceeding expectations, but stock price fell in pre-market trading [1][7] - The company reported revenue growth from $12 billion in the same quarter last year, with ride-hailing revenue at $8.2 billion (up 19%) and delivery revenue at $4.9 billion (up 30%) [1][9] Revenue and Profitability - Analysts had expected ride-hailing revenue of $8.3 billion and delivery revenue of $4.72 billion [2][9] - The net profit for the quarter was $296 million, impacted by a $1.6 billion pre-tax headwind from equity investment revaluation, compared to a net profit of $6.88 billion in the same quarter last year [2][9] - Total bookings reached $54.1 billion, surpassing the average analyst expectation of $53.1 billion, with a forecast for Q1 2026 bookings to grow at least 17% year-over-year, ranging from $52 billion to $53.5 billion [2][9] Business Segments and Growth - The strongest growth segment was the delivery business, which has expanded from food delivery to grocery retail delivery, aided by partnerships with platforms like OpenTable and Shopify, as well as local chains [2][9] - CEO Dara Khosrowshahi noted that the delivery business saw the most significant growth in the EMEA region [2][9] Future Outlook and Strategy - Khosrowshahi emphasized confidence in the autonomous vehicle (AV) market, predicting it to be a multi-trillion dollar opportunity [3][10] - Uber plans to launch autonomous ride-hailing services in Atlanta and Austin by 2025, with expectations of significant growth in overall ride volume even for human-driven orders [10][12] - By the end of 2026, Uber aims to offer autonomous ride-hailing services in up to 15 cities globally, including major cities in the U.S. and abroad [12][13] Challenges and Innovations - Khosrowshahi warned that technological and regulatory barriers may keep the share of autonomous vehicles in ride-hailing low for years [13] - Uber is also advancing its Uber One membership program, which encourages more bookings and purchases, and is increasing investment in its advertising business [13]