Question

    How would you evaluate the market potential of a subscription service to Uber Eats in Vancouver.

    How would you evaluate the market potential of a subscription service to Uber Eats in Vancouver.

Homework Answers

Answer #1
  • Uber has grown to become a behemoth of a business, with a supposed valuation of over $60 billion and a presence in over 300 cities worldwide, more than 80 of which are apparently profitable.
  • 14 million Uber trips are completed each day
  • Well over 10 billion trips have been completed worldwide
  • Figures vary, but Uber’s market share of the US ride-hailing market is estimated at between 65 and 69%
  • 2018 Uber revenue came to $11.3 billion – a 43% increase on 2017, while gross bookings were up 45%, to $50 billion
  • Adjusted losses came to $1.8 billion in 2018; including sales of Russian and Asian business to Yandex and Grab respectively, Uber 2018 GAAP losses come to $370 million
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