Uber Technologies Announces a Strong Quarter with over 50 Million Uber One Subscribers!

Uber Technologies (UBER, i) is experiencing a negative impact on its mobility business due to the conflict in the Middle East, but the momentum for the subscription model Uber One continues. CEO Dara Khosrowshahi announced reaching the milestone of 50 million Uber One members in April, stating that these subscribers now account for half of the gross bookings in the mobility and delivery sectors. According to TD Cowen analysts, Uber can claim a market share of 65% in serviced markets. On May 4, 2026, Uber announced an expansion of on-demand food...