How Much Do Uber Drivers Make Per Mile

Uber kickstarted the evolution of the taxi market in the early 2010s, when information technology launched an app which hands connected drivers with riders. In California where the app launched, ordering a cab was a nightmare, so much so that co-founder Garrett Camp had established his own fleet of black cabs to selection him up from bars and clubs.

Military camp recognised the value of this service, which was less temperamental than waiting on the sidewalk for a cab or waiting more than than an hour for someone to selection them upward. UberCab was founded in 2009 and Travis Kalanick joined shortly afterwards. Kalanick get the CEO shortly afterwards in December 2010, a position he held until 2017.

During Kalanick's tenure as CEO, Uber became the brand well-nigh people acquaintance with ride hailing. It took the US by storm and speedily expanded into Europe, Asia and S America. Kalanick also oversaw Uber launch Eats, Freight and its democratic vehicle unit, as he attempted to expand Uber's reach to all parts of the transportation market.

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Kalanick's tenure brought lots of growth, but information technology also brought controversy. Uber's entry into countries and states often came before agreements had been made with those in power, which led to penalties and bans in some areas of the globe. Allegations of sexual harassment and bullying in the workplace led to Kalanick resigning in 2017 and being replaced by Expedia CEO Dara Khosrowshahi.

Since 2017, Uber has taken its pes off the gas, selling its stake in India and leaving several European countries. It also sold its autonomous vehicle unit to Aurora, in render for a significant stake in the startup. It has cleaned upward its image, although several countries are currently looking into whether Uber drivers should be considered employees. The United kingdom of great britain and northern ireland was one of the first countries to recognise them as such.

The coronavirus pandemic hit Uber'southward ride hailing business hard, although it did bounce dorsum in Q4 2020 to pre-pandemic levels. Uber Eats became the main business concern during this time, with over 200 percent increase in revenue year-on-year.

We have collected primal statistics on Uber. Read on below to discover out more.

Uber key statistics

• Uber generated $17.iv billion revenue in 2021,
• While Uber'due south ride hailing segment contracted past 24 percent, Uber Eats increased revenues by over 200 percent in 2020
• 93 million people used Uber in Q4 2020, below its peak of 111 1000000 agile users in 2019
• Uber drivers completed 4.98 billion trips in 2020, a 27 percent decrease from the 6.9 billion trips in 2019

Uber overview

Launch engagement	May 2010
HQ	San Francisco, California
People	Dara Khosrowshahi (CEO), Travis Kalanick (co-founder), Garrett Camp (co-founder)
Concern type	Public (NYSE: UBER)
Industry	Ride hailing

Uber revenue

Uber annual revenue

Yr	Revenue
2014	$0.4 billion
2015	$i.vii billion
2016	$5 billion
2017	$7.9 billion
2018	$11.3 billion
2019	$14.1 billion
2020	$11.1 billion
2021	$18.3 billion

Source: Uber

Uber revenue by segment

Twelvemonth	Mobility	Delivery	Freight	Other
2018	$8.9 billion	$0.7 billion	$0.3 billion	$0.1 billion
2019	$x.4 billion	$1.three billion	$0.7 billion	$i.3 billion
2020	$7.9 billion	$4.8 billion	$0.ix billion	$one.3 billion
2021	$7.5 billion	$viii.three billion	$2.one billion	$0.4 billion

Annotation: Uber sold its Avant-garde Technologies (ATG) self-driving division to Aurora in 2021.

Source: Uber

Uber acquirement by region

Year	U.s. & Canada	LATAM	EMEA	APAC
2018	$vi.4 billion	$ane.9 billion	$ane.seven billion	$1 billion
2019	$8.5 billion	$1.ix billion	$2.2 billion	$1.two billion
2020	$6.viii billion	$1.3 billion	$1.8 billion	$1.5 billion
2021	$10 billion	$1.4 billion	$3.ii billion	$2.7 billion

Source: Uber

Uber profit

Year	Profit
2014	($0.7 billion)
2015	($1.6 billion)
2016	($3.half dozen billion)
2017	($4 billion)
2018	$ane billion
2019	($viii.v billion)
2020	($6.7 billion)
2021	($0.4 billion)

Note: Parentheses point loss.

Source: Uber

Uber gross bookings

Year	Gross bookings
2016	$19 billion
2017	$45 billion
2018	$50 billion
2019	$65 billion
2020	$57 billion
2021	$90 billion

Source: Uber

Uber users

Yr	Users
2015	11 million
2016	37 million
2017	68 million
2018	91 million
2019	111 million
2020	93 1000000
2021	118 million

Source: Uber

Uber trips

Year	Trips
2017	iii.79 billion
2018	5.21 billion
2019	6.9 billion
2020	4.98 billion
2021	6.iii billion

Source: Uber

Uber funding (total)

Twelvemonth	Funding
2011	$0.06 billion
2013	$0.44 billion
2014	$4.64 billion
2015	$5.64 billion
2016	$ix.14 billion
2018	$18.9 billion
2019	$20.9 billion

Source: Uber

Uber vs Lyft: market share

Want to larn more about the ride hailing market? Read our sector profile

Uber FAQ

How many people drive for Uber?

In 2021, Uber had over v million drivers worldwide

How many trips per day are completed by Uber?

In 2021, Uber completed on boilerplate 17.4 one thousand thousand trips per mean solar day

How many cities is Uber bachelor in?

Uber is available in over 900 cities globally

What ride-hailing services does Uber have stakes in?

When Uber leaves a region, information technology usually sells its service to the largest competitor in return for a stake in the company. In Russia, information technology owns a 37 percent pale in Yandex Taxi and a xv percentage pale in People's republic of china'due south Didi. It also has a 19 percentage stake in Grab, which is popular in Southeast Asia.

More than Travel & Local App Data

• Lyft Acquirement and Usage Statistics (2022)
• Airbnb Revenue and Usage Statistics (2022)
• what3words Revenue and Usage Statistics (2022)
• Taxi App Revenue and Usage Statistics (2022)

Source: https://www.businessofapps.com/data/uber-statistics/

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