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Uber CEO Dara Khosrowshahi Talks Robotaxis, Q2 Results
Brief
Uber CEO Dara Khosrowshahi opened by framing the company's outlook and results—Uber guided $58.25B–$60.25B in gross bookings for the current quarter while reporting 22% bookings growth in the quarter, ~20% mobility growth, accelerated delivery, and over 300 million weekly trips. He dismissed signs of a consumer slowdown, noting more than 10 million earners globally and U.S. driver earnings up about 8% YoY. Dara flagged a localized trip slowdown in Brazil caused by a food‑delivery price war that lured two‑wheeler drivers into delivery but said it doesn't change full‑year guidance. On autonomous vehicles he emphasized a broad partnership strategy: Uber is in seven markets now, targeting 15 by year‑end, expects Zoox robotaxis to appear in Las Vegas on the Uber app later this year with fares, and sees many AV players (and partners like NVIDIA) coexisting rather than a single dominant winner.
Why it matters
Uber guided gross bookings of $58.25 billion–$60.25 billion for the current quarter; CEO Dara Khosrowshahi said gross bookings rose 22% in the reported quarter, with mobility stable at ~20% growth and delivery accelerating (Speaker 1).
Key details
- Dara Khosrowshahi said Uber now facilitates over 300 million trips per week, has more than 10 million earners worldwide, and U.S. driver earnings are up ~8% year‑over‑year, which he cited as evidence of a healthy consumer and labor market (Speaker 1).
- Dara attributed a quarter slowdown in Brazil to intense food‑delivery competition that pulled two‑wheeler drivers from mobility into delivery, stressing the impact is localized and the company's full‑year guidance remains consistent (Speaker 1).
- On robotaxis, Dara said Uber is live with partners in seven markets and expects to be in 15 markets by year‑end; he said Zoox robotaxis should be bookable on Uber in Las Vegas later this year with paid fares, highlighted partner moves (NHTSA approvals, Wayve testing in London, NVIDIA's 'AlphaMe 2') and argued multiple AV firms will coexist rather than a single winner (Speaker 1).