Uber Posts Quarterly Bookings Miss, Citing Less Travel to US
This article is for subscribers only.
Uber Technologies Inc. reported weaker-than-expected quarterly gross bookings, citing lower US inbound travel that’s led to slower gains in its rideshare business.
Gross bookings, which include ride hails, delivery orders and driver and merchant earnings but not tips, were $42.8 billion in the first three months of 2025, Uber said in a statement Wednesday. Analysts projected $43.1 billion, according to Bloomberg-compiled data. Revenue also landed below expectations at $11.5 billion, as did operating income.