The global pandemic has negatively affected many industries and Uber's rides have suffered the same fate. However, where Uber's typical ride services have suffered a loss due to the ongoing lockdown, their food delivery segment has been performing tremendously well.
The food delivery segment has doubled in terms of profit, whereas bookings for its ride-sharing service has fallen down by a massive 75 %. These figures were shared by Uber on Aug 6, 2020. Uber Eats, which is Uber's food delivery segment has no doubt flourished due to the ongoing lockdown.
By the end of June 30, Uber has generated total revenue of 2.2 billion dollars, with bookings of 10.2 billion dollars. The following infographic shows a brief comparison of figures of Uber's various segments for the years 2019 and 2020.
By the end of June 30, Uber has generated total revenue of 2.2 billion dollars, with bookings of 10.2 billion dollars. The following infographic shows a brief comparison of figures of Uber's various segments for the years 2019 and 2020.
Infographic by: Statista