Uber Records 3.6B Trips, 50M Members and Outpaces Grab on Valuation
UBER•Uber recorded 3.6 billion trips, 199 million monthly active users and grew its Uber One membership to 50 million, which now drives 50% of gross bookings. The company’s global scale and diversified platform provide a valuation advantage over regional rival Grab, reinforcing potential to reach a $100 share price.
1. Strong User and Trip Growth
Uber logged 3.6 billion trips and served 199 million monthly active users. Its Uber One loyalty program expanded to 50 million members, now accounting for 50% of gross bookings.
2. Valuation Edge Over Grab
The company leverages its global scale and diversified services—including mobility, delivery and freight—to maintain a valuation discount relative to its robust growth profile. This broad platform focus positions Uber ahead of regional competitor Grab.
3. $100 Share Price Outlook
Analysts are debating whether these strengthened fundamentals can propel Uber’s share price to the $100 level in the coming quarters. Key drivers will include membership revenue growth, unit economics improvements and market expansion.
