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[C+] DARA KHOSROWSHAHI | Uber  [FULL]

LET'S SHADOW DARA KHOSROWSHAHI IN FULL!


We, / we get a pretty / live pulse / of what's happening on the streets every day, / right, / and in the cities in which we live. // And at this point / we don't see any signal / of a recession coming. // Now / what's different about us than most companies out there/ is that / just as you saw during the pandemic, / a shift from spend on services / to spend on retail, / that shift is now going back to services. // And we are the definition of a service, / right, / moving around, / travels back, / etc. // So I do think that / our service is benefiting from the shift back. // Certainly / the reopening helps our mobility business. // Our mobility business is growing at a very / very high rates, / highly profitable. // That delivery business, / delivery of everything at home / continues to be strong. // So at this point / we don't see any signal whatsoever. // We have gone through recessions in South America, / Mexico, / and Brazil in the past. // And what you see during those recessions / is that / as a labor pool eases up / and certainly we don't see signs of that yet here / or in / -in Europe / more drivers come onto the platform. // And as more drivers come onto the platform, / the platform continues to grow. // Service levels get better. // So I think / versus many other companies, / we don't have large / -a large asset base. // Our cost base essentially adjusts / in stronger economy. // Our cost base increases / as earners and drivers earn much more money. / In weaker economies, // as you get more drivers into the marketplace / their earnings adjust as well. // So / I think we are relatively / recession resistant / if it happens. // I certainly hope it doesn't happen. // Right now the signal on the street is / things are really strong / and the spend on services continues to be quite robust. //

LET'S UNDERSTAND!

Let-s-Understand Shadowing-for-Business Inside-Banner

  1. What is the difference between Uber and other companies?

  2. What was menitoned in the video that helped their mobility business?

  3. What keeps their platform growing?

  4. What is the speaker's purpose of the speech?

  5. In your opinion, how important is the reopening of businesses and the mobility sector for economic recovery?

LET'S RECAP!

Let-s-Recap Shadowing-for-Business Inside-Banner

1. Which new words/phrases were easiest to remember? Give three.

どの語句/文が覚えやすかったですか?3つ挙げてください。


2. Which words/phrases were you having a hard time to speak/understand? Give three.

どの語句/文が話したり理解するのに難しかったですか?3つ挙げてください。

robust

[ roh-'buhst ]

adjective

- strong and healthy

We should be able to generate stronger sales with robust profit margins.

recession

[ ri-'sesh-uhn ]

noun

- a period of temporary economic decline

Hundreds of firms went bankrupt during the recession.

cost base

noun

- all the costs, especially the fixed costs, that are involved in making a product, or providing a service

It has already taken action to reduce its cost base by 20% in five years.

ease up/off

phrase

- to gradually stop or become less

At last, the rain began to ease off.

labor pool

noun

- the source of trained people from which workers can be hired.

Many employers said they plan to take advantage of the large labor pool and replace low-performing employees.