Uber outperforms

Uber has been on the periphery of the Vestact-recommended stock list since it went public in 2019. As the business matures under the helm of its talented CEO, Dara Khosrowshahi, we are warming up to it more and more.

This graph from Carbon Finance breaks down Uber's revenues, and shows the growth over time. As you can see, it is far from being just a ride-hailing app. Delivery and freight now make up 43% of sales and are both growing fast. In fact, the non-ride-hailing side of the business grew 25% in the last 3 months.

These 3 core revenue streams still have lots of room for growth, then you have the robotaxi and self-driving vehicle technologies, which could really push this business to new heights. So far, Dara has a 5-star Uber rating I would say.