Uber Announces Results for First Quarter 2024
The YoY increase was primarily attributable to an increase in Mobility Gross Bookings due to an increase in Trip volumes.
- The YoY increase was primarily attributable to an increase in Mobility Gross Bookings due to an increase in Trip volumes.
- Business model changes negatively impacted Mobility Revenue Margin by 180 bps in Q1 2024.
- Taxis: Brought the majority of Hong Kong taxi supply onto Uber by integrating HKTaxi onto the Uber app, and began scaling Los Angeles Yellow Cab trips.
- A live audio webcast of our first quarter ended March 31, 2024 earnings release call will be available at https://investor.uber.com/ , along with the earnings press release and slide presentation.