Dara Khosrowshahi
๐ค SpeakerAppearances Over Time
Podcast Appearances
So to the extent we have an opportunity, we will look to, you know, we call it recycling the investments that we've made.
But at the same time, we don't need to do that because the company continues to throw off cash flow.
We have a lot of options ahead of us.
Well, the urban centers continue to grow, but I do think that we, as I reflect on Uber's growth, we used to be a big city company.
And what we're seeing is there's enormous demand for both mobility and delivery outside of the large cities, in the more sparse markets, the suburbs, et cetera.
And our growth in the sparse markets is anywhere from two to three times faster than
for mobility and delivery than in the big urban markets, even though the urban markets are growing.
At the same time, some governments actually need access to mobility.
There isn't great taxi service in some of these rural destinations in Japan.
Bus services is also not readily available.
So, you know, as Uber, obviously we run a business, but we want to be there for our stakeholders and we want to help address some of the needs of the government.
In Japan in particular, rural transportation is a real need and we wanted to step up and give back to Japanese society because that market has been such a great market for us.
And that's what communal ride share in these rural destinations like Caga City is all about.
I experienced it myself.
The countryside is absolutely beautiful.
And, you know, our driver was so thankful.
He actually runs a Soba shop that's on Uber Eats as well.
He delivers for Uber Eats.
He's a part of our ecosystem.
And it's amazing to see that happen, not just in the big cities, but also in a lot of small cities and rural destinations.