Uber Rideshare Revenue Ticking Upwards After Dramatic Fall
Skift Take
If you are grasping for any signs that the U.S. or global economies have a heartbeat, then consider that Uber's rideshare revenue has been ticking upwards in the past two weeks after plummeting over the past two months. No, this is not the same as China reopening or a promising coronavirus vaccine in the making, but at this point we'll latch onto almost anything.
If you are desperate for any glimmers of hope despite much of the economy tanking, then consider that Uber's rideshare revenue in the United States increased an estimated 52 percent last week compared with a week earlier.
That's according to information Skift obtained from Tel Aviv-based consumer data company Superfly Insights, which tracked Uber receipts from a panel of 25,000 U.S. consumers for the week ending April 19 versus the week ending April 12.
Uber rideshare revenue had jumped 10.2 percent during the week ending April 12 versus the week that closed April 5, Superfly found.
Estimate of Uber U.S. Rideshare Revenue Percentage Change 2/3-4/19/2020
Superfly Insights CEO Jonathan Meiri said i
