According to 2022 Uber stats, the ride-hailing company is far ahead of its competitors by a landslide.

However, financial experts predict a future value of at least $72 by 2022 and $169 by 2026. As of May 2021, Uber’s stock price was $51.73. The revenue is expected to exceed $133 billion by 2023, with an annual growth rate of 12.8%. In 2020, Uber’s revenues declined by 21% due to the coronavirus pandemic. Uber generated $17.4 billion revenue in 2021, a 56% increase year-on-year and better than its 2019 figures. ride sharing-market in 2022.Īs you can see in the graph, during COVID-19, the number of trips dropped catastrophically, but in February 2022, the industry slowly began to recover.īut there is more. The company is a dominant player, taking in 70% of the U.S. Key Uber statisticīeing present in 85 countries, Uber remains the most popular taxi-hailing apps. In this article, we are going to tell you about Uber's successful collaborations with other businesses, the benefits of Uber API integration, and a step-by-step guide to doing it.

The numerous successful examples of Uber integrations, like Foursquare, Amazon Echo, and others, show us that this strategy works. Besides, with the new Rides SDKs, the development team will make such integrations easy and fast. To empower your app with the taxi-booking feature, you can integrate the existing Uber API, and Ride Request Widget. Still, you can consider adding new features to your app, like a taxi-hailing service.įor that, you do not need to reinvent the wheel. The market for mobile applications is quite crowded, and to stand out from the competitors might be challenging. But we offer you valuable insight on how you can add value to your business app. Well, we did not expose his magical abilities. You might remember the Greek myth of King Midas, who turned everything into gold with his touch.

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