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Dara Khosrowshahi

CNBC

Uber CEO Dara Khosrowshahi breaks down second-quarter earnings and shift to services

Uber CEO Dara Khosrowshahi joins CNBC's 'Squawk on the Street' to break down the company's latest quarterly earnings report, which showed the ride hailing company was cash-flow positive for the first time. Khosrowshahi also provides an outlook for the fall and weighs in on the company's operations in Europe as economies reopen following the Covid-19 pandemic. "There's a ton of growth ahead of us," Khosrowshahi tells CNBC regarding its European business.
BUSINESS
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TechCrunch

Dara Khosrowshahi and Marcelo Claure to back former Sequoia India partner’s startup

Jain’s startup, which is currently in stealth mode, is building “banking and payments for the crypto economy,” according to its website (which went offline following the publication of this story). The startup, called Zamp, aims to help “web2” firms adopt crypto, according to another person familiar with the matter. Zamp has also received investments from former SoftBank chief operating officer Marcelo Claure and Doordash chief executive Tony Xu, the source said.
BUSINESS
Picture for Dara Khosrowshahi and Marcelo Claure to back former Sequoia India partner’s startup
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CNBC

Watch CNBC's full interview with Uber CEO Dara Khosrowshahi on earnings

CNBC's 'Squawk Box' team sits down with Uber CEO Dara Khosrowshahi to discuss the company's latest quarterly earnings. Uber posted its first adjusted EBITDA profit but saw a net loss of $2.4 billion, largely contributed to the value of its investment in Didi. Khosrowshahi breaks down how the company is performing as the world begins to reopen amid the pandemic.
BUSINESS

Uber CEO Dara Khosrowshahi on why the ride-hailing giant is betting on flying taxis

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. Joby Aviation is among the leading contenders in the race to make flying taxis a reality. These small aircraft use multiple electric-powered engines and take off and land vertically, like a helicopter, giving them potential access to dense urban streetscapes. But once airborne, the craft fly more like airplanes, whisking between one and four passengers on journeys of up to 150 miles in less than an hour. The firms producing them envision they will soon compete with taxis and cars for hops between city centers and destinations such as airports, close cities (Philadelphia to New York is less than 100 miles), or weekend spots, especially in cases when congested road traffic is an issue.
ECONOMY
CNBC

Full interview with Uber CEO Dara Khosrowshahi Q1 results, demand and more

Uber lost 6 cents per share for its latest quarter, compared to expectations of a 54 cents a share loss. Revenue was below forecasts, however, and Uber indicated it would pay drivers more to get cars back in service as the economy rebounds. Uber fell 3.7% in premarket trading. CEO Dara Khosrowshahi joined "Squawk Box" on Thursday to discuss the results as well as the outlook for the company's Uber Eats division, autonomous vehicles, the debate over worker classification and more.
ECONOMY
TechCrunch

The toilet paper startup backed by Marc Benioff, Dara Khosrowshahi, and Robert Downey Jr. now sells paper towels

Starting today, the company is taking pre-orders for its 12 pack boxes of sustainably sourced bamboo paper towels, which will retail for $34.99. The Seattle-based company was founded by two ex-Uber employees, Ryan Fritsch and Austin Watkins, who went on to take roles at the logistics startup Convoy, before launching Cloud Paper. Their toilet paper (and now paper towel company) is one of several businesses trying to get consumers to make the switch to bamboo-based consumer products.
BUSINESS