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CEO is convinced by UberEats performance and here is why?

 

Fans of UberEats have been gobbling up purchases with gusto, according to CEO Dara Khosrowshahi, who noted that the food delivery company is growing by 200 percent at Code Conference. The CEO claimed that the company has a $6 billion booking run rate, making it one of the largest food delivery companies in the world, and is on track to continue its rapid growth spree.

At a recent appearance at Code Conference, one of the year’s largest media & tech gatherings, Khosrowshahi noted that “Eats is an exploding business in a good way,” according to Recode. “It’s now at a $6 billion bookings run rate, growing over 200 percent,” the CEO went on to tout.

Khosrowshahi noted that UberEats was still significantly smaller than the more famous Uber, which markets itself in 350 more cities than UberEats does. Reporting by Recode indicates that UberEats is easily the nation’s fastest-growing food delivery service, vastly outperforming even established industry giants like GrubHub in growth rates.

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