On with Kara Swisher
Uber’s Profit, Power and Problems with CEO Dara K
Oct 30, 2023
Dara Khosrowshahi, CEO of Uber and former Expedia chief, discusses the complexities of running Uber. He shares insights on rising prices and the company’s take rate, revealing a 15% rate in the U.S. versus 29.3% globally. Dara candidly addresses driver treatment and safety initiatives, including new features to protect vulnerable riders. The conversation also touches on the challenges of maintaining profitability while adapting to a competitive landscape, especially in the wake of his predecessor's controversial leadership.
01:00:09
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Quick takeaways
- Uber Eats played a crucial role during the pandemic, benefiting both the company and drivers, and differentiates itself through seamless integration and a focus on restaurant advertising.
- Uber's core focus is to match user demand with driver supply, resulting in increased efficiency, growth, and improved driver earnings.
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Summary of the podcast episode
In this podcast episode, Uber's CEO, Dara Khosrowshahi, discusses various topics including the Lesbians Who Tech Conference, Uber's path to profitability, advertising on Uber Eats and rides, Uber Freight's challenges, and the future of autonomous vehicles. Khosrowshahi highlights the importance of profitability and growth balance, the success of Uber Eats, and the transparency of earnings for drivers. He emphasizes the preference of drivers to remain as independent contractors and the potential complementarity of autonomous vehicles and human drivers in the future.
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