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Companies pay a hefty sum to get a minute-long Super Bowl commercial, and Uber's looks to be money well spent.
Source: https://comicbook.com/irl/news/super-bowl-2023-diddy-uber-one-hit-wonder-songs/
I continue to be impressed at Uber's market share growth in the U.S., as well as the progress that it's making across each of its lines of business.
Meanwhile, in Uber's prime markets, less than 10% of the population engages with Uber weekly.
Uber's food and delivery segment, which makes up for more than a third of its revenue, has so far been resilient in the weakening economy but it faces risks from a pullback in consumer spending.