Uber CEO Reports Trip Slowdown in Brazil Due to Competition

Uber CEO Dara Khosrowshahi stated that the company experienced a slowdown in trips in Brazil, attributing it to increased competition from local food delivery services.

5 Aug, 16:24 — 5 Aug, 16:24

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bloombergHigh1h ago

Trip Slowdown in Brazil Hurt Uber, CEO Says

Uber Chief Executive Officer Dara Khosrowshahi says the business continues to grow and they're doing 300 million trips per week. But he admits there was a trip slowdown in Brazil because of more competition from local food delivery bikers. He speaks on "Bloomberg Tech." (Source: Bloomberg)

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Uber CEO Reports Trip Slowdown in Brazil Due to Competition

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Trip Slowdown in Brazil Hurt Uber, CEO Says

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