On February 10, Uber learned that Uber announced the fourth quarter and annual results of 2021, of which the company's fourth quarter revenue and net profit exceeded expectations. Uber's fourth-quarter revenue was $5.778 billion, up 83 percent year-over-year, beating market expectations of $5.357 billion, and net income attributable to the company was $892 million, compared to a loss of $968 million in the year-ago quarter, the data showed. In addition, Uber's monthly active platform consumers increased by 27% in the fourth quarter to reach 118 million.
Specifically, the total order amount in the fourth quarter was $25.866 billion, an increase of 51% year-on-year. Among them, the order amount of the online ride-hailing business was US$11.340 billion, an increase of 67% year-on-year; the order amount of the takeaway business was US$13.444 billion, an increase of 34% year-on-year; and the order amount of the freight business was US$1.082 billion, an increase of 245% year-on-year.
Overall, Uber's full-year 2021 revenue was $17,455 million, compared to $11,139 million in the year-ago quarter; net loss attributable to the company was $496 million, compared to a loss of $6.768 billion for the year-ago quarter.
Looking ahead to the first quarter, the Company expects total orders to be between $25 billion and $26 billion in Q1 and $100 million to $130 million in Q1-adjusted EBITDA. It is worth mentioning that after the company's earnings report was announced, the stock rose 6% after hours.
![Uber opened up the reverse scoring data and finally got an idea of what drivers were saying about passengers[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)