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Uber Is No Upstart Anymore, Thanks to Dara Khosrowshahi. Profits Are Starting to Roll In.

Uber Is No Upstart Anymore, Thanks to Dara Khosrowshahi. Profits Are Starting to Roll In.

Uber Technologies CEO Dara Khosrowshahi has transformed the ride-sharing and food-delivery business from a new-economy upstart into an increasingly profitable cash generator—one that provides flexible work to more than seven million drivers and couriers. Uber faced an existential crisis during the pandemic, when global travel largely ceased and most people were forced to work from home. On Uber’s latest earnings call, Khosrowshahi, 55, said the 15-year-old company’s recent results “demonstrate our ability to deliver consistent, profitable growth at scale.”