In 2023, Uber's advertising business reached an annualized revenue run-rate of over 900 million U.S. dollars, up from more than 500 million reported a year earlier. In the third quarter of 2022, Uber first launched its advertising division and "Journey Ads," which were meant to help "brands connect with riders during their trip," as stated in the company's Q3 2022 results release. A quarter later, the ad platform was expanded to a total of eight markets.
Annualized advertising revenue run-rate of Uber Technologies worldwide in 2022 and 2023
(in million U.S. dollars)
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Uber. (March 25, 2024). Annualized advertising revenue run-rate of Uber Technologies worldwide in 2022 and 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1472059/uber-ad-revenue/
Uber. "Annualized advertising revenue run-rate of Uber Technologies worldwide in 2022 and 2023 (in million U.S. dollars)." Chart. March 25, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1472059/uber-ad-revenue/
Uber. (2024). Annualized advertising revenue run-rate of Uber Technologies worldwide in 2022 and 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1472059/uber-ad-revenue/
Uber. "Annualized Advertising Revenue Run-rate of Uber Technologies Worldwide in 2022 and 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 25 Mar 2024, https://www.statista.com/statistics/1472059/uber-ad-revenue/
Uber, Annualized advertising revenue run-rate of Uber Technologies worldwide in 2022 and 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1472059/uber-ad-revenue/ (last visited November 22, 2024)
Annualized advertising revenue run-rate of Uber Technologies worldwide in 2022 and 2023 (in million U.S. dollars) [Graph], Uber, March 25, 2024. [Online]. Available: https://www.statista.com/statistics/1472059/uber-ad-revenue/