Uber Turns Attention to Other Regions

The transcript discusses Uber's strategic decision to redeploy 150 engineers from China to Southeast Asia, focusing on regions like Indonesia and Malaysia. The CEO of Grab anticipates increased competition from Uber in these areas. The discussion highlights the unique challenges Uber faces in Southeast Asia, where delivery services are thriving. The conversation also touches on Uber's valuation, expressing skepticism about its sustainability and growth potential. Concerns are raised about Uber's high stock price and the opportunity costs of unsuccessful ventures.

What is the significance of redeploying 150 engineers for Uber's strategy?

What concerns does the speaker express about Uber's business model and valuation?