--- description: Uber is telling investors that its total bookings will reach $10.84 billion, and more than double in 2016 to $26 billion, a report says. title: Uber Says its Global Ride Bookings Will More Than Double image: https://static.time.com/v3/assets/bltea6093859af6183b/bltc066fad9176bfc64/6988605d0b72e31e166e57ba/gettyimages-453253454.jpg?branch=production&width=1920&quality=75&auto=webp&crop=16:9 ---  * [Business](/section/business/) ## Business Update your preferences in [Account Settings](/account/preferences/) Close * [Uber](/tag/uber/) ## Uber Update your preferences in [Account Settings](/account/preferences/) Close # Uber Says its Global Ride Bookings Will More Than Double in 2016 by [Chris Matthews / Fortune](/author/fortune/) ## Chris Matthews / Fortune Update your preferences in [Account Settings](/account/preferences/) Close Aug 21, 2015 12:53 PM CUT  Th Uber Technologies Inc. car service application (app) is displayed for a photograph on an Apple Inc. iPhone in New York, U.S., on Wednesday, Aug. 6, 2014\. For San Francisco-based Uber Technologies Inc. which recently raised $1.2 billion of investors' financing at $17 billion valuation, New York is its biggest by revenue among the 150 cities in which it operates across 42 countries. The Hamptons are a pop-up market for high-end season weekends where the average trip is three time that of an average trip in New York City. Photographer: Victor J. Blue/Bloomberg via Getty Images Th Uber Technologies Inc. car service application (app) is displayed for a photograph on an Apple Inc. iPhone in New York, U.S., on Wednesday, Aug. 6, 2014\. For San Francisco-based Uber Technologies Inc. which recently raised $1.2 billion of investors' financing at $17 billion valuation, New York is its biggest by revenue among the 150 cities in which it operates across 42 countries. The Hamptons are a pop-up market for high-end season weekends where the average trip is three time that of an average trip in New York City. Photographer: Victor J. Blue/Bloomberg via Getty ImagesGetty Images by [Chris Matthews / Fortune](/author/fortune/) ## Chris Matthews / Fortune Update your preferences in [Account Settings](/account/preferences/) Close Aug 21, 2015 12:53 PM CUT Ride-hailing company Uber is telling investors that its total bookings will reach $10.84 billion, and more than double in 2016 to $26 billion, [according to a report by Reuters](http://www.cnbc.com/2015/08/21/uber-seen-reaching-108b-in-bookings-in-2015.html "undefined"). The report estimates that these figures would generate this year roughly $2 billion in revenue for the company, which takes 20% of booking revenue. The data come from a slide show Uber prepared with the help of Chinese bankers. The company is planning to aggressively build out its operations in China, and to continue to enter new U.S. markets, such as [Albuquerque, N.M](http://Albuquerque "undefined"). Uber made news earlier this year as reports [in Bloomberg](http://www.bloomberg.com/news/articles/2015-06-30/uber-bonds-term-sheet-reveals-470-million-in-operating-losses "undefined") and [Gawker](http://gawker.com/here-are-the-internal-documents-that-prove-uber-is-a-mo-1704234157 "undefined") showed that Uber continues to loose money, even though revenue growth and — most importantly — investor interest remains strong. ```json [{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://time.com/4006115/uber-bookings-double/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/4006115/uber-bookings-double/"},"headline":"Uber Says its Global Ride Bookings Will More Than Double in 2016","datePublished":"2015-08-21T12:53:11.000Z","dateModified":"2026-04-13T08:06:25.837Z","description":"The numbers come from a leaked presentation to investors","url":"https://time.com/4006115/uber-bookings-double/","keywords":["Uber","Tech","China","growth","sharing economy","ride sharing","Start Ups","revenue","pubdesk"],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/bltc066fad9176bfc64/6988605d0b72e31e166e57ba/gettyimages-453253454.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"Chris Matthews / Fortune"}],"articleSection":"Business","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/bltc066fad9176bfc64/6988605d0b72e31e166e57ba/gettyimages-453253454.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675,"headline":"The Hamptons Lure Uber Top Drivers Amid NYC Slow Summer Weekends","caption":"The Hamptons Lure Uber Top Drivers Amid NYC Slow Summer Weekends","creditText":"Getty Images","representativeOfPage":true}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"/section/business/","name":"Business"}},{"@type":"ListItem","position":2,"item":{"@id":"/tag/uber/","name":"Uber"}},{"@type":"ListItem","position":3,"item":{"@id":"https://time.com/4006115/uber-bookings-double/","name":"Uber Says its Global Ride Bookings Will More Than Double in 2016"}}]}] ```