High demand for ride-hailing and delivery services drives this growth despite rising fuel costs and geopolitical tensions.
The San Francisco firm now targets a broader platform including grocery and hotel bookings to diversify revenue.
Strategic investments in artificial intelligence tools allow the company to boost productivity while moderating its hiring pace.
The Uber One membership program recently surpassed 50 million active users, fueling nearly half of all gross bookings.
Although winter storms impacted first-quarter revenue, the company still delivered an adjusted profit that beat market expectations.
Management focuses on higher-margin business services to maintain steady pricing for consumers across the globe.
Uber also plans to introduce autonomous vehicle trips in 15 cities through partnerships with leading technology developers.
This partnership-led approach positions the brand as a dominant travel platform without the costs of building hardware.
