Uber saw ‘strong’ top-line trends in January, strength in Mobility and Delivery

Uber expects its cash flows to ramp over the next few quarters, and with the potential monetization of our equity stakes, and it will evaluate opportunities to drive shareholder value with excess capital. The company continued to see strong top-line trends in January, with strength in both Mobility and Delivery demand. Total YoY trip growth accelerated in January, with Mobility trips in US & Canada approaching full recovery to 2019 levels. Based on quarter-to-date trends, Uber expects YoY trip growth to exceed 20% in Q1