Homegoods to pet supplies: Uber moving into delivery as service offering

Khosrowshahi said the company is adding auto-rickshaws and motorbikes since it expects many riders in emerging markets to shift from public minibuses towards these lower-cost options

The recovery of the mobility business of Uber has been led by Asia, excluding India, said the ride-hailing giant’s chief executive officer Dara Khosrowshahi.
 

“Our mobility business, I would describe as a tale of 10,000 cities. Our mobility recovery is clearly dependent on the public health situation in any given area. Asia, excluding India, is in the recovery lead,” said Khosrowshahi during an earnings call on Thursday. “We’ve seen gross bookings of Hong Kong and New Zealand at times exceed pre-Covid highs. European trends have also been encouraging,” he said.
 

Uber posted revenue of $2.2 billion, declining 29 per cent