Gross Bookings Strong at Uber: Is There Room for Further Upside?
Key Takeaways UBER's Q1 gross bookings rose 14% year over year, driven by strong mobility and delivery demand. UBER expects Q2 gross bookings of 47.25 B, up 16-20% from Q2 2024 on a constant-currency basis. UBER's shares are up 55.7% YTD, outperforming the broader Internet-Services industry's 2.7% decline.Uber Technologies (UBER) , the ride-hailing giant based in San Francisco, CA, is benefiting from the upbeat gross bookings. The company’s gross bookings, for both the mobility and delivery segme ...