Uber's CEO is optimistic about Eats growth Unlisted Video
4 years ago
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In a wide-ranging interview released prior to Uber's initial public offering, CEO Dara Khosrowshahi said that it's "a toss-up" as to whether Uber Eats becomes bigger and more profitable than its core ride-hailing segment in the long term.
There are two big reasons that Uber Eats could grow to (or surpass) the level of Uber's core ride-hailing business:
Food delivery may offer higher profit margins than ride-hailing services for the foreseeable future.
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