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EMARKETER

Uber expects headwinds after banner 2024

Article by Rachel Wolff  |  Feb 5, 2025
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Uber expects headwinds after banner 2024
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Topics
Business Strategies & Trends
Consumer Behavior
United States
Worldwide

The news: Uber was the latest company to offer cautious guidance for 2025 amid an array of global headwinds, including highly unfavorable foreign exchange rates and weather-related disruptions.

  • The company expects Q1 gross bookings to grow 17% to 21% to between $42 billion and $43.5 billion—the midpoint of which trailed analysts’ expectations for $43.5 billion.
  • The soft guidance overshadowed Uber’s Q4 performance—its “strongest quarter ever,” per CEO Dara Khosrowshahi.

Behind the numbers: Uber had a solid Q4.

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