What drove Uber's operating profit surge in Q4 2024?

Uber's operating profit surge in Q4 2024 was driven by several key factors:

1. **Growth in Gross Bookings**: Uber experienced a 20% year-on-year increase in gross bookings in constant currency. This growth in bookings is a direct result of increased demand for Uber's services, which in turn leads to higher revenues.
2. **Strong Performance in Advertising Business**: Uber's advertising business saw a nearly 80% year-on-year increase. This significant growth in advertising revenue contributes to the overall operating profit.
3. **Increase in Uber One Membership**: The number of Uber One members grew by 70% year-on-year, reaching over 25 million. This increase in membership contributes to higher revenue from subscription services.
4. **Autonomous Strategy Progress**: Uber's autonomous strategy is progressing well, with 14 AV partners recognizing the value Uber brings to their deployment plans. This strategic move is likely to open up new markets and increase Uber's operational efficiency.

In summary, Uber's operating profit surge in Q4 2024 is driven by strong growth in gross bookings, significant increase in advertising business, growth in membership and progress in autonomous strategy.