The Emergence of Uber Eats and Freight

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I'm curious, there's so much of this strategy that if you connect the dots looking backwards and to use the Steve Jobs parlance, it just makes so much sense. Now we are expanding rideshare into the suburbs now. And then on the each side, obviously it was about food and kind of the general expansion of that business, but it's really about getting into the other categories,. Getting into grocery, liquor, et cetera. Then there's a whole host of new bets that we're making in terms of transportation, taxi, which is huge, low cost, halibals, two wheelers, three wheelers, Uber for business, health, transportation, all of

Uber CEO Dara Khosrowshahi dropped by the Acquired studio for an Eats delivery, so we broke out the cameras and asked him to hang out for a wide-ranging conversation. :) We talk about his 20 years working with Barry Diller, starting his career at Allen & Company, how the Uber CEO search process ACTUALLY went down… and oh yeah, the massive transformation that’s happened at Uber over the past few years. When Dara took over the company it was bleeding huge sums of cash, losing share to competitors and embroiled in one of the biggest corporate controversies in recent memory. Fast forward to today and it’s turned cashflow positive while also having tripled revenue to over $30B (on $120B in GMV) and solidified its rideshare dominance in the US. And in perhaps the biggest change, it’s done it all while staying out of the headlines. Tune in!

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