Definition
Gross Bookings – Uber's own name for the same underlying concept as GMV»: the total dollar value of Ridesharing and New Mobility rides, Uber Eats meal deliveries, and amounts paid by Uber Freight shippers, including taxes, tolls, and fees, before any adjustment for consumer discounts, Driver/restaurant earnings, or Driver incentives. A company-specific label worth knowing so it isn't mistaken for a directly comparable GMV figure from a peer that scopes the underlying volume differently — and, like any gross metric, a headline Gross Bookings growth rate can outpace the net revenue growth rate the company actually keeps. Found In: MD&A (non-GAAP/operating metrics disclosure)