Sunday, September 22, 2019

Uber may reach $10.8B in bookings this year

Uber Technologies Inc’s global bookings are projected to rise nearly threefold to $10.84 billion this year and reach $26.12 billion the next, according to a recent presentation for potential investors seen by Reuters.

The ride-hailing service, which operates in over 50 countries, keeps 20 percent of booking revenue, showed a confidential slideshow prepared by Chinese bankers with input from Uber, aimed at soliciting investment in a fund participating in Uber’s Series F financing.

Based on those figures, 2015 revenue would be roughly $2 billion, according to a Reuters calculation.

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