Uber Edges Out Wall Street’s Expectations and Narrows Loss

The transcript discusses Uber's financial performance, focusing on its ride sharing and food delivery businesses. It highlights Uber's improved EBITDA margins in ride sharing, while noting challenges in the food delivery sector due to subsidies and competition. The discussion covers Uber's pricing strategy, market withdrawal for profitability, and the need for disciplined capital allocation. The transcript also touches on industry consolidation, with SoftBank's influence and the potential for future mergers to improve profitability in the food delivery market.

What strategies is Uber considering to improve its profitability?

Discuss the implications of SoftBank's pressure on the food delivery business.