Uber Q3 Monthly Active Platform Consumers 142M (+15% Y/Y), Global Member Base 15M
Portfolio Pulse from Benzinga Newsdesk
Uber's Q3 report shows a 15% YoY increase in Monthly Active Platform Consumers (MAPCs) to 142 million, driven by improvements in Mobility and Delivery offerings. Trips on the platform grew 25% YoY and 7% QoQ, with monthly trips per MAPC up 9% YoY to 5.7. Drivers and couriers earned an aggregate $15.9 billion during the quarter, up 24% YoY. Uber also expanded its Uber One membership program to Colombia, Peru, and Portugal, reaching a global member base of 15 million.
November 07, 2023 | 12:00 pm
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Uber's Q3 results show strong growth in user activity and driver earnings, as well as expansion of its membership program. This could indicate a positive outlook for the company's performance.
Uber's Q3 results show significant growth in key metrics such as MAPCs and trips, indicating increased user activity. Additionally, driver earnings have increased, suggesting a healthy supply side. The expansion of the Uber One program could also contribute to user retention and revenue growth.
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