12 Uber Facts & Statistics You Need To Know – 2024 Update

Note: This article’s statistics come from third-party sources and do not represent the opinions of this website.

Uber has become one of the fastest-growing rideshare companies in the world, displacing taxi services in many cities in the process. Transportation has become a mere touch on our smartphones away, and food service is also offered! Instead of frantically hailing a cab, simply order an Uber and chill while you wait. Below, we’ve compiled a list of some of the most interesting info about Uber.

Click below to jump ahead:

• Revenue
• Availability
• Demographics

The 12 Uber Statistics

1. Over 110 million people in the US use Uber monthly.
2. Uber’s gross bookings revenue in 2021 was $25.9 billion.
3. Over 19 million Uber trips are made daily.
4. Five cities are responsible for 25% of all Uber bookings.
5. Uber owns 68% of the rideshare market.
6. Uber is available in over 100,000 cities across 72 countries.
7. UberEats is the second most used food delivery service in the US.
8. Uber is banned in Bulgaria, Denmark, Hungary, South Korea, and numerous other countries.
9. Uber has promised to become a zero-emission platform by 2040.
10. Roughly one-third of Uber drivers identify as Asian.
11. There are 3.9 million Uber drivers across the globe.
12. 27% of Uber drivers are female, and 40% of their W2 employees are female.

Uber Revenue

1. Over 110 million people in the US use Uber monthly.

(Statista)

This number includes anyone who uses Uber for a ride or food delivery at least once a month. Ever since its inception, Uber has steadily gained monthly users, despite Lyft arising as a competitor. The COVID-19 pandemic drastically slashed ride service, but Uber focused on expanding UberEats to compensate.

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2. Uber’s gross bookings in 2021 equated to $57 billion.

(Uber)

Uber has consistently grown year over year in gross bookings, with 2020 as the sole exception; gross bookings only reached $18 billion largely due to the global pandemic. From 2020 to 2021, gross bookings grew at a prodigious 70% rate. With a market share of 69% of the rideshare industry, Uber is only growing as a company.

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3. Over 19 million Uber trips are made daily.

(Uber Investor)

The highest demand for rides is during weekends, holidays, rush hours, and evening hours. With cities becoming denser and rising gas prices, many people have replaced cars with rideshare services like Uber. Uber is especially convenient for commuting and reaching destinations that local metro services don’t reach.

• See Also: Can You Lease a Used Car? Car Leasing Explained

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4. Five cities are responsible for 25% of all Uber bookings.

(Slate)

25% of all Uber bookings are in New York City, Los Angeles, London, San Francisco, and São Paulo. Uber deals with stiff competition in these cities because residents often have the choice of using a subway or city bus. As a result, Uber offers more customer discounts, driver incentives, and other promotions to keep its market share in densely populated areas such as these.

Uber Availability & Other Info

5. Uber owns 68% of the rideshare market.

(Statista)

Lyft came out of the shadows and snagged a 30% market share in 2019 after a series of public scandals involving Uber. But after the COVID pandemic, Uber came out on top. Between them, Uber and Lyft are 99% of the American rideshare market, and their market shares have remained stable for the past 2 years.

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6. Uber is available in over 100,000 cities across 72 countries.

(Uber)

Uber has continuously expanded its scope of operation, and despite setbacks in some countries, the company offers rideshare services in more countries than any other competitor.

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7. UberEats is the second most used food delivery service in the US.

(Statista)

UberEats has remained in second place behind DoorDash since it was first offered, with just a 24% market share. By comparison, DoorDash dominates with 58% of the market share. UberEats focuses on expanding restaurant availability, with about double the participating restaurants as DoorDash. Estimates indicate UberEats will reach a 30% market share by 2023.

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8. Uber is banned in Bulgaria, Denmark, Hungary, South Korea, and numerous other countries.

(The Telegraph)

Despite great success in the US, Uber faced stiff resistance from many countries. The reasons range from their treatment of workers as contractors all the way to local monopolies on transportation. For example, Uber pulled out of South Korea after it found it couldn’t compete with the country’s largest taxi company.

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9. Uber has promised to become a zero-emission platform by 2040.

(Uber)

As the leading US rideshare company, Uber has come under scrutiny for contributing to global carbon emissions, which in turn hastens the effects of climate change. In response, Uber has promised to transition to an entirely electric fleet by 2040. In fact, Uber currently offers drivers money to switch to an electric vehicle!

• See Also: What Percentage of Cars Are Electric? What You Need To Know!

Uber Demographics

10. Roughly one-third of Uber drivers identify as Asian.

(Uber)

While the majority of drivers identify as Caucasian, the second-highest demographic is Asian. Uber has committed to more diversity in both their company positions as well as offering more opportunities to people of color. In fact, the director of Uber’s diversity program is an Asian woman.

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11. There are 3.9 million Uber drivers across the globe.

(Statista)

Of these drivers, 1.4 million are located in the US and Canada. California has more drivers than any other state, with about 209,000 drivers. Uber is a particularly attractive ‘side hustle’ for people seeking supplementary income because it offers the flexibility to work as often or as little as you want, and the only requirement is owning a car.

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12. 27% of Uber drivers are female, and 40% of their W2 employees are female.

(Uber)

After an explosive scandal in 2018 regarding gender discrimination, Uber has committed to fostering a more inclusive workplace culture for people of all genders and identities. While systemic discrimination can’t be solved overnight, the company appears to be making sincere efforts to combat discrimination.

Frequently Asked Questions About Uber

Do Uber Drivers Make a Lot of Monday?

It’s a common myth that Uber is a great side hustle, but it doesn’t pay as well as you’d think. A 2019 survey revealed that most UberX drivers make, on average, $13.70 an hour before tips. When you factor in the cost of gas, maintenance, and insurance, this barely keeps your car running. Many people don’t seem to realize that in many cases, they lose money by driving for Uber. (Ridester)

Drivers that drive for the Uber Black program make quite a bit more, averaging $24.87 before tips. The downside is that Uber Black requires certain types of cars. In fact, you’re required to have a black car with black leather! So, while the tip potential is much higher, it’s not worth buying a new car solely to drive for Uber Black.

How Flexible Is Uber As a Job?

This is where Uber shines: scheduling flexibility. Unlike traditional jobs, Uber requires no minimum weekly or monthly commitment. Many drivers only work for Uber during evenings or weekends, while some try to pick up a ride or two on their way to their traditional job. By shrewdly calculating rush hours, drivers can estimate when upsurges in pay occur and maximize their earning potential.

Uber drivers can start and end work whenever they want, and they have the discretion to refuse service to passengers for any reason. Unfortunately, this flexibility comes at a cost. Uber drivers aren’t guaranteed an hourly wage because they’re considered independent contractors, and neither are they eligible for worker’s compensation, health insurance, retirement plans, etc.

What Are The Requirements To Be An Uber Driver?

Uber is popular as a side gig because there are relatively few requirements to become a driver, but there are some stiff requirements. Let’s check out what you need to become an Uber driver.

• See Also: Why Do NASCAR Cars Have Fake Headlights?

Requirements include:

Uber has rules in many areas that your car can’t exceed a certain age nor can it be a two-door vehicle. The Uber Black program has much more stringent requirements, including valid commercial auto insurance. Contact Uber for more specific requirements in your city.

• See Also: How Many Claims Are Allowed in Car Insurance?

Conclusion

Uber has taken over the world of ridesharing and (arguably) food delivery, and its growth doesn’t appear to be slowing any time soon. Drivers are attracted to the company to make some extra cash on the side or as a career, and passengers love the simplicity of getting a ride via the app.

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Featured Image Credit: Tero Vesalainen, Shutterstock