Uber CEO: ride-hailing will make up only 50% of business post-pandemic - Business Insider

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Uber CEO Dara Khosrowshahi says ride-hailing will make up only 50% of the company's business moving forward as food delivery growth surges

Uber's efforts to diversify outside of ride-hailing will continue for the foreseeable future, CEO Dara Khosrowshahi told"I think it's going to be 50-50," Khosrowshahi said, in response to a question about how he expects Uber's business will be split moving forward between ride-hailing and other divisions like food delivery, which has exploded during the coronavirus pandemic.

"Our delivery business is growing at rates that, frankly, I didn't think was possible, and we have doubled up on that.," he said. "So we're augmenting the organic growth with acquisition as well and I think we're cementing a real leadership position in what's going to be a very, very big market going forward."

 

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