Uber Canada has released its Economic Impact Report for 2022, highlighting the impact and value Uber and Uber Eats has created for Canadians in a year of inflation and rising costs.
The report reveals that Uber created $8.8 billion in economic value for the Canadian economy in 2022, and that Uber and Uber Eats produced $35 billion in consumer surplus. That is equivalent to 1.4% of Canada’s GDP.
Some key insights from the report include:
More people are choosing to drive or deliver with Uber than ever before due to inflation.
Like all Canadians, drivers and delivery people are feeling the pinch. 27% said they felt a little or much worse off than a year ago and 20% felt pessimistic about their personal finances over the next 6 months.
- In the last quarter of 2022, Uber saw the highest number of signups ever on the platform in Canada.
- 21% of drivers first started using Uber in the last year and 43% of delivery people first started delivering with Uber Eats in the last year.
- More than half (62%) of all those we spoke to said that the rising cost of living was the main reason behind their decision to work with Uber or Uber Eats.
In challenging economic times, apps like Uber are a vital lifeline, creating flexible income opportunities to help people stay afloat:
- 76% of drivers and delivery people reported that their work with Uber or Uber Eats has become more important in the last year as a result of the rising cost of living.
- 58% said additional income provided by apps allowed them to save more money.
- 52% told us that app-based work has served as a ‘bridge’ between losing one job and gaining another.
- 73% said app-based work helped them to make money in an emergency situation.
- 92% of drivers and delivery people who use Uber told us that schedule flexibility was important to them when choosing work.
The report also shares new data on the growth of food and grocery delivery, the impact of ridesharing the night time economy, Uber’s progress towards its sustainability commitments and how the platform continues to transform the digital economy.
You can read the full report here.
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This entry was posted on May 31, 2023 at 11:01 am and is filed under Commentary with tags Uber. You can follow any responses to this entry through the RSS 2.0 feed.
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Uber Releases Their Economic Impact Report
Uber Canada has released its Economic Impact Report for 2022, highlighting the impact and value Uber and Uber Eats has created for Canadians in a year of inflation and rising costs.
The report reveals that Uber created $8.8 billion in economic value for the Canadian economy in 2022, and that Uber and Uber Eats produced $35 billion in consumer surplus. That is equivalent to 1.4% of Canada’s GDP.
Some key insights from the report include:
More people are choosing to drive or deliver with Uber than ever before due to inflation.
Like all Canadians, drivers and delivery people are feeling the pinch. 27% said they felt a little or much worse off than a year ago and 20% felt pessimistic about their personal finances over the next 6 months.
In challenging economic times, apps like Uber are a vital lifeline, creating flexible income opportunities to help people stay afloat:
The report also shares new data on the growth of food and grocery delivery, the impact of ridesharing the night time economy, Uber’s progress towards its sustainability commitments and how the platform continues to transform the digital economy.
You can read the full report here.
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Related
This entry was posted on May 31, 2023 at 11:01 am and is filed under Commentary with tags Uber. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.