Uber CEO Says Company Is Focused on Growth, Not Profits

The transcript discusses the company's strong financial position with $8 billion from an IPO and existing funds, enabling it to invest in large markets like transportation. Despite only reaching 2% of the population in operating countries, the company sees significant growth potential. The focus for the next few years will be on growth, with profitability expected to follow as market conditions dictate.

What financial milestone has the company recently achieved to support its investments?

• Sold a subsidiary

• Secured a new line of credit

• Raised $8 billion in an IPO

• Received a government grant

Which markets is the company planning to invest in with its current capital?

• Real estate and construction

• Transportation of people, food, and freight

• Technology and software

• Healthcare and pharmaceuticals

What percentage of the population does the company currently reach in its operating countries?

• 2%

• 15%

• 5%

• 10%

What is the company's primary focus for the next few years?

• Cost-cutting measures

• Growth and expansion

• Product diversification

• Mergers and acquisitions

How does the company plan to adapt its strategy in the future?

• By exiting less profitable markets

• By flipping to profitability as market demands

• By increasing prices

• By reducing workforce