Bloomberg Tech Uber CEO Talks Driverless Car Growth and Earnings
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May 7, 2025 
Dara Khosrowshahi, CEO of Uber, discusses the company's latest earnings and the future of driverless cars in their operations. He shares insights into the impressive growth in trips and profitability, while addressing the rising insurance costs impacting pricing. Khosrowshahi highlights the Uber One membership program as a key strategy to boost loyalty and user engagement. Additionally, he delves into partnerships with Waymo, the importance of airport transportation, and Uber's innovative investments in AI and global collaborations.
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Consistent Growth Despite Pricing Challenges
- Uber's growth in trips remains consistent, showing 3 billion trips in a quarter and 18% year-on-year growth.
- Price stability and insurance cost modulation are key factors enhancing profitability and user affordability.
Leverage Membership for Growth
- Use membership programs like Uber One to boost frequency and deepen customer engagement.
- Passing on discounts to members increases transactions and long-term profitability despite short-term margin concessions.
Airport Rides as Growth Driver
- Airport rides are a rapidly growing, premium segment within Uber's portfolio.
- International airport pickups are growing faster than domestic ones, reflecting travel trends.