Uber’s Revenue Breakdown Worldwide (2017 – 2023)

This statistic highlights Uber’s Revenue Breakdown Worldwide, split between the Asia Pacific (APAC), Europe, Middle East and Africa(EMEA), Latin America, and United States and Canada, reported from 2017 onwards.

Uber Technologies, Inc. is an American technology company commonly known as Uber. The services offered by the company include ride-hailing, delivery of food (Uber Eats), delivery of packages, couriers, freight transport and electric bicycles, and rent of scooters via a partnership with Lime. Uber develops and operates proprietary applications in technology that support a variety of offerings.

Uber’s Revenue Breakdown Worldwide

(All figures in billions, except percentages)

Uber’s total revenue decreased from $13 billion in 2019 to $11.15 billion in 2020, marking a decline of 14.23% on a year-on-year basis. Decrease or fluctuations in Uber’s customers are due to several factors, including dissatisfaction with the operation of company platforms, price of fares, meals, and shipments (including reduced incentives), unhappiness with drivers and merchants’ quality of service, quality of platform user support, dissatisfaction with restaurant delivery choice, negative publicity of the brand, and the COVID-19 pandemic.

Asia Pacific (APAC)

Asia Pacific region Uber operates in nine countries such as India, Bangladesh, Sri Lanka, Hong Kong, Taiwan, South Korea, Japan, Australia, and New Zealand.

Uber’s revenue from the Asia Pacific region increased from $0.82 billion in 2019 to $1.15 billion in 2020, a growth of 40.24% on a year-on-year basis. During this period, this region contributed 10.31% to Uber’s total revenue.

Europe, Middle East, and Africa(EMEA)

Uber’s revenue from Europe, Middle East, and Africa region increased from $1.85 billion in 2019 to $2.09 billion in 2020, a growth of 12.97% on a year-on-year basis. During this period, this region contributed 18.74% to Uber’s total revenue.

Latin America

Uber’s revenue from Latin America decreased from $1.86 billion in 2019 to $1.30 million in 2020, a decline of 30.11% on a year-on-year basis. During this period, this region contributed 11.66% to Uber’s total revenue.

In Latin America, there have been many and rising instances of Drivers and customers being victims of violent crime, such as armed robbery, physical assault, and rape, while taking or delivering a ride using Uber’s platform. If additional illegal, improper, or other bad occurrences occur as a consequence of the activity of platform users or third parties, the company’s ability to recruit platform users may be impaired, and the company’s business and financial performance may suffer.

The United States and Canada

The United States and Canada region contributed 59.28% of Uber’s revenue in 2020, accounted for $6.61 billion. Uber witnessed a 21.96% decline in YOY growth from $8.47 billion in 2019.

Company Overview

Uber Technologies, Inc., commonly known as Uber. It was established in March 2009. The company is headquartered in San Francisco, California, United States, and operates in over 900 metropolitan regions across the world. Uber has approximately 93 million monthly active users globally. It has a 71% market share in ride-sharing and a 22% in food delivery in the United States. Uber’s technology is available in about 71 countries worldwide.

As Uber’s operations grew, the business grew from 159 workers on December 31, 2012, to over 22,200 worldwide employees on March 31, 2021, with approximately 13,300 of those employees based outside of the United States. The company faces tough competition from Lyft, Ola, DiDi, Bolt, Yandex. Taxi, Gett, Curb Mobility, Bird. Uber went public on May 9, 2019, with the ticker symbol “UBER”.

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