Uber for Business Q4 Bookings Surpass 2019 Record

Uber’s Uber for Business platform continued to recover during the fourth quarter of 2021, “surpassing its previous high from 2019 with well over $1 billion in annual run-rate gross bookings,” Uber CEO Dara Khosrowshahi said during the company’s Wednesday fourth-quarter earnings call.

Uber for Business fourth-quarter gross bookings were $1.3 billion, up 116 percent year-over-year. Managed Uber for Business, which is the actively managed portion of the business through Uber’s account managers and sales team, reached 27 percent of Uber for Business gross bookings. The platform recorded “strong growth” in both mobility and delivery gross bookings as corporate use cases