Uber Reportedly Expects Non-Restaurant Deliveries To Surge Faster Than Previously Expected
Synopsis
Bloomberg reported on Friday, citing a company spokesperson, that Uber expects grocery and retail deliveries to hit an annual run rate of $12.5 billion in gross bookings by the end of 2025.
Uber Technologies (UBER) reportedly expects faster-than-expected growth for its grocery and retail delivery segment.
Bloomberg reported on Friday, citing a company spokesperson, that Uber expects non-restaurant deliveries to hit an annual run rate of $12.5 billion in gross bookings by the end of 2025. This marks a growth of over 25% from the $10 billion run rate the company shared earlier this year in May, the report added.
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