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Uber's CEO Is Optimistic About Eats Growth

Video Credit: Wochit Business - Duration: 00:47s - Published < > Embed
Uber's CEO Is Optimistic About Eats Growth

Uber's CEO Is Optimistic About Eats Growth

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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