Uber recently released their numbers for the first and second quarters of 2022. This news is huge for rideshare drivers who suffered massive losses during the pandemic. With this data, drivers can get a better sense of their job security and make plans for the future.

The Uber rider, services, and revenue statistics for 2022 provide insight but might be difficult to interpret. What does all of this information mean? If these numbers leave you with more questions than answers, Fast Track Mobility is here to break things down.

First Quarter Statistics

According to Investor, Uber’s revenue grew by over 100% in the first quarter. This equates to over 6 billion dollars, a massive overperformance of what they expected to achieve. Uber attributes this success to various acquisitions, changes to business models, and an increase in bookings.

As a group, drivers earned roughly 9 million dollars. Uber also made deals in New York and California with various taxi services to better serve these bustling communities. They also expanded their success with their Uber Eats app, adding global partnerships in countries like Germany and Japan.

Delivery bookings grew by over 15%. However, there was a slight decline in rider bookings due to season trends, which the company anticipated. Overall, the first quarter of 2022 appears to be a massive win.

Second Quarter Statistics

Uber’s successful incline continued into its second quarter. Gross bookings broke company records with an increase of over 30%. Revenue grew by over 8 billion dollars, setting the course for future endeavors.

Uber’s second quarter has enormous upgrades in its mobility department. An expansion of their Airport Reserve program makes it easier than ever for riders to make travel accommodations. They also launched UberX Share, a ridesharing product in countless US cities, including New York.

For driver and rider peace of mind, Uber also released its US safety report. This document outlines the company’s commitment to safety, program progression, and data regarding current safety conditions.

What Does This Mean for Rideshare Drivers?

So, what do the Uber rider, services, and revenue statistics mean for drivers in 2022? It’s good news for professionals at Fast Track Mobility.

This overall incline suggests that pandemic losses are a thing of the past. Drivers can put their confidence in Uber and know that they have a steady stream of work coming their way.

If you want to be part of this incredible opportunity, consider driving a TLC rental car in Long Island City from Fast Track Mobility. Contact us today for more information on becoming a successful professional driver.