Uber’s mobility platform generated nearly $20 billion in 2023, followed by the delivery platform (Uber Eats), with $12.2 billion in revenue, and the freight platform, with $5.24 billion in revenue. The mobility platform represents the core business model of Uber, and it has accelerated again after the end of the COVID-19 pandemic. On the other hand, thanks to the company restructuring in the last few years, Uber has built two multi-billion dollar segments from delivery and freight on top of the core platform.
Visual Stories Related To the Uber Business Model
In 2022, Uber mobility took 27% of each booking on the platform. At the same time, Uber Eats took 20% of each booking on the delivery platform. The take rate varies according to demand and supply but also market dynamics. In short, in periods of increased competition, the service might charge lower take rates to keep up with it. In 2022, Uber pushed on efficiency, thus raising its take rates, to move toward profitability.
Uber Platform Users
