Uber Technologies Inc. (NYSE: UBER)
Software - Application · San Francisco, CA, United States · Founded 2009
Uber is the world's largest ride-hailing platform, operating in over 70 countries with about 150 million monthly active users. But it's increasingly a delivery company too — Uber Eats is the second-largest food delivery platform globally. Gross bookings exceed $130 billion annually, with revenue around $37 billion. The company finally turned consistently profitable in 2023 after years of massive losses.
Uber takes a cut (typically 20-30%) of every ride and delivery transaction on its platform. Mobility (rides) is the higher-margin business; Delivery (Uber Eats) is growing but carries lower margins. Advertising on the platform is an emerging high-margin revenue stream. Freight (Uber Freight for trucking logistics) is the smallest segment and has struggled.
Travis Kalanick and Garrett Camp founded Uber in 2009 in San Francisco. The company became synonymous with Silicon Valley disruption — and controversy. Kalanick was forced out as CEO in 2017 amid scandals, replaced by Dara Khosrowshahi from Expedia. Uber went public in May 2019 at $45 per share in a disappointing IPO, but the stock has since recovered strongly as profitability arrived.
| Market Capitalization | $160.0B |
| Annual Revenue | $41.0B |
| Net Income | $1.9B |
| Profit Margin | 5% |
| Revenue per Employee | $1250000K |
| Stock Exchange | NYSE |
| Ticker Symbol | UBER |
Financial data is approximate and based on most recent annual filings.
Uber lost over $30 billion cumulatively before turning profitable — one of the longest cash-burning runs in corporate history. The company's early growth strategy involved deliberately operating illegally in new cities and dealing with regulators after establishing market presence. Uber's driver network is larger than the employee base of most Fortune 500 companies, but none of them are classified as employees.
Khosrowshahi turned Uber from a money-burning machine into a real business, and the network effects are now working in its favor. Autonomous vehicles are the long-term wildcard — Uber could be the platform that deploys them or the company they displace.
What is Uber Technologies Inc.'s revenue?
Uber Technologies Inc. generates approximately $41.0 billion in annual revenue.
How many employees does Uber Technologies Inc. have?
Uber Technologies Inc. employs approximately 32,800 people worldwide.
What is Uber Technologies Inc.'s market cap?
Uber Technologies Inc. (UBER) has a market capitalization of approximately $160.0 billion on the NYSE.
When was Uber Technologies Inc. founded?
Uber Technologies Inc. was founded in 2009 and is headquartered in San Francisco, CA, United States.
Who is the CEO of Uber Technologies Inc.?
Dara Khosrowshahi is the current CEO of Uber Technologies Inc..
What is Uber Technologies Inc.'s website?
Uber Technologies Inc.'s official website is uber.com.
| CEO | Dara Khosrowshahi |
| Sector | Technology |
| Industry | Software - Application |
| Founded | 2009 |
| HQ | San Francisco, CA |
| Country | United States |
| Website | uber.com |
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