Uber’s food delivery service is now bigger than its ride business

Unsurprisingly during a pandemic,  consumers are ordering more food and booking less rides. Let’s look at the numbers:

Uber Eats Vs Rides/ Gross Bookings Year On Year

Rides

2019             $12.1B

2020            $3B

Eats

2019             $3.38B

2020             $6.9B

Ride bookings are down 73% year-on-year while food bookings are up 113%.

Is this the pivot of the gig economy age? Yes!

Posted in: Infographic of the day