During 9M FY26, Urban Company
service partners earned an average ₹28.3k per month (net, in hand). Earnings scale meaningfully with performance: the top 20% earned ₹42.4k, the top 10% ₹47.4k, and the top 5% ₹51.6k per month, after removing commissions, taxes, fees, travel, and product costs.

Beyond earnings, all active service partners are covered under group life and accident insurance, including life cover up to ₹10 lakh, disability cover up to ₹6 lakh, and accidental hospitalization and OPD coverage.

Source: Urban Company

Their losses over the years:

• 2019: $4.5 billion
• 2020: $6.6 billion
• 2021: $10.2 billion
• 2022: $13.7 billion
• 2023: $16.1 billion
• 2024: $17.7 billion
• 2025: $19.2 billion

$88 billion down the virtual drain

Source: Morning Brew

In China, nearly all are trading above.

Source: Manish Singh

Growth in visits from the top seven countries sending traffic to Gen AI tools in 2025 (compared to December 2024)

Japan is growing at 210%

Source: similarweb

Vibe coding has unleashed a torrent of new iOS apps in the app store.

After basically zero growth for the past three years, new app releases surged 60% yoy in December (and 24% on a trailing twelve month basis).

Source: a16z

Approximate trends across VC reports:

Higher conversion:

• B2B SaaS
• Dev tools
• Infrastructure
• Fintech (regulated but sticky)

Lower conversion:

• Consumer social
• Marketplaces (supply-demand balance hard)
• D2C brands
• Hardware-heavy startups

Markets matter more than founders admit.