Uber will let marketers target ads based on users' trip and takeout data
Uber will begin offering customer data to marketers through a new insights platform called Uber Intelligence. The data will technically be anonymous, via the use of a platform called LiveRamp. This will "let advertisers securely combine their customer data with Uber's to help surface insights about their audiences, based on what they eat and where they travel."
Basically, it'll provide a broad view of local consumer trends based on collected data. Uber gives an example of a hotel brand using the technology to identify which restaurants or venues to partner with according to rideshare information.
Companies will also be able to use the Intelligence platform's insights to directly advertise to consumers. Business Insider reports it could be used to identify customers who are "heavy business travelers" and then plague them with ads in the app or in vehicles during their next trip to the airport. Fun times.
"That seamlessness is why we're so excited," Edwin Wong, global head of measurement at Uber Advertising, told Business Insider. Uber has stated that its ad business is already on track to generate $1.5 billion in revenue this year, and that's before implementing these changes.
As for Uber in totality, the company made $44 billion in 2024, which was a jump from $37 billion in 2023. It's also notorious for raising fares. Uber has raised prices for consumers by around 18 percent each year since 2018, which has outpaced inflation by up to four times in some markets.
Update, December 8, 7:25PM ET: This article previously stated that Uber was "selling customer data," but that was not accurate. Companies do not pay to access the Intellience platform. We regret the error. The article and its headline have been changed since publish to more accurately reflect the news.This article originally appeared on Engadget at https://www.engadget.com/big-tech/uber-will-let-marketers-target-ads-based-on-users-trip-and-takeout-data-171011841.html?src=rss
Rating
Innovation
Pricing
Technology
Usability
We have discovered similar tools to what you are looking for. Check out our suggestions for similar AI tools.
Nintendo Switch 2 pre-orders: Sold out at most retailers including GameStop
<p>After (what felt like) a long delay, Nintendo Switch 2 pre-orders have opened in the US and Canada. Nintendo finally opened up pre-orders in both regions on April 24, after previously announc [...]
Nintendo Switch 2 pre-orders: Latest updates as console remains sold out at
<p>Nintendo Switch 2 pre-orders are technically open in North America, but if you haven't managed to grab one already, you may have a tough time doing so before the console's June 5 release date [...]
Nintendo Switch 2 pre-orders latest updates: Console remains sold out at Ga
<p>While Nintendo Switch 2 pre-orders are technically open, you may have a tough time grabbing the new console before it's June 5 release date if you haven't secured one already. After an <a [...]
Nintendo Switch 2 pre-orders: The latest updates on restocks from retailers
<p>The window for Nintendo Switch 2 pre-orders is technically open, but you may have a tough time grabbing the console before its June 5 release date if you haven't secured an order already. To [...]