Monthly users of Uber's ride-sharing app worldwide 2017-2023

In the fourth quarter of 2023, 150 million people used the Uber app at least once per month. This is a 14.5 percent increase compared to the fourth quarter of 2022. Uber is one of the most popular ride-sharing apps in the world. Based in San Francisco, their global net revenue amounted to 37.28 billion U.S. dollars in 2023. Contributing to their revenue is the 9.4 billion rides that were delivered via the Uber app that year. In 2022, Uber generated 137.9 billion U.S. dollars in gross bookings worldwide.


U.S. ride-sharing market

The ride-sharing market has experienced a giant surge in recent years. The ride-sharing market allows for consumers in need of a ride to instantly call for one via their smartphone and GPS satellites. This is comparable to a taxi service but can in some cases be significantly cheaper. However, drivers for these apps do not usually hold the same licensing requirements as taxi drivers. Uber and Lyft are the two largest companies in this sector, although Uber continues to outperform Lyft. In 2023, Uber's reported global revenue was more than eight times that of Lyft, which recorded 4.4 billion U.S. dollars in revenues.