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Acquired
Uber CEO Dara Khosrowshahi
Jun 13, 2023
Dara Khosrowshahi, CEO of Uber and former Expedia leader, shares insights into his transformative journey at Uber. He discusses how he turned the company around from financial turmoil to a cashflow-positive powerhouse, tripling revenue to over $30B. Khosrowshahi recounts critical lessons from his career in leadership during tough economic times, including the balance of mentorship and adaptability. He also explores the successful integration of Uber's rideshare and Eats services, highlighting the strategic innovations that have kept the company competitive in a bustling market.
01:36:14
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Quick takeaways
- Uber has achieved profitability and experienced significant growth by focusing on Uber Eats and mobility.
- Uber learned valuable lessons from Booking.com, such as the importance of expanding supply and targeting a larger market.
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Uber's transformation and growth
In the past 12 months, Uber has experienced significant growth, with over $30 billion in revenue, up from $10 billion two years ago. They have focused on two main businesses, Uber Eats and mobility, and have divested other non-core areas. Furthermore, they have achieved profitability, a milestone that was previously unimaginable, given the massive losses before their IPO.
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