Milford expert on what's driving Uber's successful comeback in the transport sector

  • 01/12/2023
  • Sponsored by - Milford

Uber is outperforming other players in the transport arena after a major lull amid the pandemic.

The rideshare business has grown to be the world's biggest transport company, up 130 percent in the last year and 36 percent in the last month alone. This follows rides dropping by a significant 80 percent during COVID-19.  

With six million drivers on the platform taking an average of 25 million trips a day across 70 countries, what's driving Uber's success?

Milford Asset Management global equities analyst Deborah Lambie spoke to AM.

Article created in partnership with Milford.