Uber promises member exclusives as Uber One passes $1B run-rate | TechCrunch
Briefly

Uber plans to enrich Uber One perks to attract more subscribers, with the CEO stating the membership fees are over $1 billion at a run-rate, projecting a significant annual revenue increase from the subscription service.
Subscribers spend significantly more than non-members monthly, driving growth and attachment to Uber's services, with member events introduced to increase subscriber numbers and engagement.
Uber leverages member events to boost adoption and attachment to its services, aiming to increase retention through offerings like the annual pass, which has driven a nearly 200 basis points increase in retention.
The Uber One membership is a culmination of the company's strategy to cross-sell customers across its various services, creating in-app stickiness and improving marketplace penetration.
Read at TechCrunch
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