Uber CEO Says Wait Times Are Coming Down, Demand Strong

The transcript discusses Uber's financial performance, highlighting its profitability and growth in various markets. It addresses challenges in driver supply and demand, emphasizing high earnings and flexibility for drivers. The conversation also covers Uber's legal compliance in London, its role in the global supply chain through Uber Freight, and its strategy in the food delivery market. Uber's adaptability and technological integration are key themes throughout.

What is Uber's expected EBITDA profitability range for Q4?

• $75 to $125 million

• $50 to $100 million

• $25 to $75 million

• $10 to $50 million

How much has the number of drivers on Uber's platform increased since January?

• 50%

• 80%

• 65%

• 75%

What is the average wait time for an Uber ride as mentioned in the transcript?

• 3 minutes

• 4 minutes

• 5 minutes

• 4.5 minutes

What significant milestone has Uber achieved in London regarding drivers?

• Declared drivers as partners

• Declared drivers as workers

• Declared drivers as employees

• Declared drivers as independent contractors

What is Uber's strategy to address the global supply chain issues?

• Hiring more drivers

• Reducing delivery fees

• Using technology to connect shippers with carriers

• Investing in new vehicles

Which company is mentioned as a competitor gaining market share in food delivery?

• DoorDash

• Postmates

• Instacart

• Grubhub

What flexibility does Uber offer to its drivers?

• Choose between driving people or delivering food

• Free vehicle maintenance

• Fixed working hours

• Guaranteed monthly salary