Uber Technologies, Inc. (UBER) Expecting Non-Restaurant Deliveries To Reach $12.5 Billion in 2025, Bloomberg Report

Uber Technologies, Inc. (NYSE:UBER) is among the 10 Best Money Making Stocks to Invest In. On Friday, Bloomberg reported that the company is anticipating non-restaurant deliveries to reach an annual run rate of $12.5 billion in gross bookings by the end of 2025, according to a spokesperson.

This is 25% higher than the run rate shared in May, underscoring the firm’s efforts to catch up with competitors like DoorDash, Instacart, and Amazon. However, the figures shared by Uber Technologies, Inc. (NYSE:UBER) are a forecast, and actual financial results for the full year will not be announced until February 2026.

Uber Technologies, Inc. (NYSE:UBER)’s delivery unit accounts for about half of all gross bookings and has been growing at a faster rate than its ride-hailing business for the last three quarters. During the second quarter earnings call in August, CEO Dara Khosrowshahi credited the segment’s strong performance to “robust growth” in retail and grocery orders.

The company has been making a coordinated push to expand delivery services. It has added around a thousand new retailers so far this year, and recently announced weekly discounts for local fruits, vegetables, meats, and dairy in several countries it operates in.

Khosrowshahi believes Uber Technologies, Inc. (NYSE:UBER) still has “a long runway to drive further adoption” when it comes to delivery services, given that nearly three-fourths of its rideshare clients have so far not ordered retail or grocery goods from the Uber app.

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