Priya PatelTLDR:
- Dara Khosrowshahi, CEO of Uber, discusses the company’s focus on mobility, profitability, and electric vehicle push in an exclusive interview.
- India is a key market for Uber with enormous potential and increasing competition.
In an exclusive interview with The Economic Times, Uber CEO Dara Khosrowshahi talks about the company’s strategic focus on mobility, profitability, and the push towards electric vehicles. Khosrowshahi, who took over as CEO in 2017 during a tumultuous period for the company, emphasizes the importance of India as a market with both high potential and fierce competition.
Khosrowshahi highlights the need for Uber to be entrepreneurial, offering low-cost services that meet customer expectations. With over 900,000 earners on the platform, Uber’s strength in the Indian market is growing across various categories. Despite increasing competition from upstarts, Khosrowshahi remains confident in Uber’s position, citing profitability and market share growth.
The interview also delves into Uber’s journey towards profitability, the impact of the pandemic, and the company’s focus on sustainable growth, particularly in the electric vehicle space. Khosrowshahi acknowledges the importance of innovation and partnerships, such as the one with Tata for EV supplies in India.
Overall, the interview sheds light on Uber’s strategic direction under Khosrowshahi’s leadership, emphasizing a focus on key markets like India, mobility innovation, and long-term sustainability.
