Who is the ceo of uber eats

Since its inception over a decade ago, Uber has deployed public relations to distract from the many reported problems with its business model, such as paying drivers wages so low they’ve been forced to sleep in their cars, or choose between working or risking COVID-19, or go hours without using the restroom. On Saturday, Uber CEO Dara Khosrowshahi continued this tradition by tweeting that he spent a few hours delivering Uber Eats and posting how much he made.

"Spent a few hours delivering for @UberEats," Khosrowshahi tweeted. "1. SF is an absolutely incredible town. 2. Restaurant workers were incredibly nice, every time. 3. It was busy!! - 3:24 delivering out of 3:30 online. 4. I'm hungry - time to order some 🍔🍟🍺”

Khosrowshahi then added a picture he took at 6:36 PM PT showing he earned $98.91 over the course of the day, completing 10 trips for 45 points on the app. An hour later, he shared another picture showing he made six of the trips from 11:51 AM to 5:35 PM, with a four-hour break between some deliveries. He claimed he only spent just under four hours actually logged into the app, and making deliveries for about 3.5 hours. The implication of his stunt was clear: Uber drivers make decent money; more than minimum wage, in fact. This claim is a longstanding element of Uber’s PR narrative, despite reports and research over the years showing that they often don’t.

In typical fashion for Uber PR, which often relies on asymmetries of information or perception, Khosrowshahi’s tweets only show part of the story of being an Uber Eats driver.

For one, Khosrowshahi doesn’t have to live on this income. If he needs to take an hours-long break between deliveries as his screenshots show, potentially due to low demand, he can earn money at his CEO job, whereas another worker may not have the means to make such “flexibility” work to their advantage. Indeed, reports have shown that the long amounts of time gig workers can spend logged into their platforms without making a delivery (time referred to as “deadhead” by workers) can work out to sub-minimum wages. 

Another issue is that the pay is not reliable. Khosrowshahi delivered again the next day but earned half as much. Couriers are also at the mercy of constant pricing experiments that the company carries out that may increase prices while keeping worker pay status quo. Finally, many workers must pay for maintenance, fuel if they’re using a car, electricity if delivering by e-bike, meals, and then rent, health insurance, and other bills. 

Uber responded to Motherboard’s request for comment by pointing out that Khosrowshahi has an Uber Pro account without additional perks, and noting that although Khosrowshahi made much less money on his second day of deliveries, he also worked for an hour and a half less.

It’s hard to imagine the chief executive of Uber Eats tweeting out that he was tip-baited, or that customers were angry about him, or other unfortunate realities of being a gig worker. On Reddit, this disconnect was apparent on the r/UberEATS subreddit. 

"YOU are taking a vacation day out of the office, smiling and having fun riding your bike around San Fran, slumming it for slave wages," one Reddit user wrote in reaction to Khosrowshahi’s tweet. "WE have to do this, and grind it, day in and day out just to survive. When my car broke down last winter, I tried to deliver on my bicycle, and you jerks had me pick up an extra large pizza in the middle of a snowstorm. On my bicycle."

“Dara is so full of shit,” another user wrote. “I live in Oakland and used to do Eats in SF because it would always advertise $3-$4 surges during dinner. So I’d pay the $6 toll to drive over the bridge and try to make some money during dinner rush. Man is it horrible. Traffic obviously, but I also barely got any orders, and the ones I did get would frequently take me all the way to South SF. Also the tips were horrendous. Idk. Maybe it’s different on a bike, but car deliveries have always been horrible for me in the city, no matter the time of day.”

The discussion around Khosrowshahi’s tweets once again highlights how ride-hail companies often deploy information asymmetries. By denying passengers, workers, regulators, and competitors the information necessary to make a full and proper assessment of gig companies’ activities, or eliding less-rosy realities, the companies are more free to pursue monopoly status, or whatever new and shiny public-facing narrative is currently being used. 

Khosrowshahi’s tweets are a continuation of a recent turn to a more direct form of PR, with Khosrowshahi himself disputing reporting or penning op-eds repeating well-worn talking points instead of focusing its expansive PR machine on reporters covering the company.

At the end of the day, however, it doesn’t really matter what Khosrowshahi saw when he was delivering food on his bicycle. He may very well have had a great experience, but it’s not indicative of the wide scope of worker experiences and given Uber’s long history of deploying various asymmetries, it’s not clear why anyone should care about what he or any other Uber executive has to say about working for the company.

Update: This article was updated with comment from an Uber spokesperson.

Uber Eats has become one of the most popular food delivery services in the world in large part because it’s associated with the Uber brand.

So, for anyone wondering whether Uber Eats is owned by Uber or if it’s a separate company, we did some digging, and here’s what we found!

Who Owns Uber Eats In 2022?

Uber owns Uber Eats in 2022. Uber launched Uber Eats as an additional service about 5 years after getting started itself. Uber operates Uber Eats as a different company in many areas but it’s still treated as just a subsidiary. Uber is a publicly-traded company with shareholders, and it includes earnings from Uber Eats on its financial reports.

To learn everything about the ownership of Uber Eats, including its management and how it ties to Uber, keep reading for more useful facts!

Why Did Uber Make Uber Eats?

Uber made Uber Eats in order to get into the food delivery market and increase its overall revenue.

Uber still isn’t profitable at this time, so Uber Eats might have been part of a plan to pursue that milestone.

Previously, Uber had grown its ridesharing network substantially.

Therefore, it made sense to try and expand it to cover food deliveries because it would be a strong competitor to established companies like Grubhub.

Who Is the CEO of Uber Eats?

Dara Khosrowshahi is the CEO of Uber and, by extension, Uber Eats. Uber is Uber Eats’ parent company, so the latter doesn’t have its own separate CEO.

Before joining Uber as CEO, Khosrowshahi was the CEO of Expedia between 2005 and 2017 and the CFO of IAC, a media company, between 1998 and 2005.

Khosrowshahi has a Bachelor of Science in Electrical and Electronics Engineering from Brown University in Providence, Rhode Island.

Also, according to Forbes, Khosrowshahi has an estimated net worth of $235 million.

Who Is the Owner of Uber?

Uber is a publicly-traded company, meaning it’s owned by people who have shares in it, from insiders to institutions and the public.

Some of the major shareholders of Uber include the following:

  1. Vanguard Group – 4.35% or 85.09 million shares
  2. Fidelity Management & Research – 3.7% or 72.32 million shares
  3. Morgan Stanley Investment Management – 3.38% or 66.06 million shares
  4. Jennison Associates LLC – 2.54% or 49.54 million shares
  5. BlackRock – 2.44% or 47.66 million shares
  6. SSgA Funds Management Inc. – 1.65% or 32.29 million shares
  7. Morgan Stanley Investment Management – 1.38% or 27.04 million shares
  8. Wellington Management Co. – 1.19% or 23.28 million shares
  9. Sands Capital Management LLC –  1.08% or 21.07 million shares
  10. ClearBridge Investments LLC – 1.00% or 19.58 million shares

Since we’ve already established that Uber is the parent company of Uber Eats, its shareholders also own the subsidiary.

Does the Uber App Include Uber Eats?

Who is the ceo of uber eats

The Uber app includes Uber Eats but is a very stripped-down web version of it that is intended primarily for cross-promotion.

Previously, Uber Eats was only available inside the Uber app but it was finally made into a separate service in 2016 starting in Los Angeles.

In 2019, Uber announced that it was going to introduce a web version of Uber Eats inside the main Ride app in order to promote it.

This integration is intended for people who have never used Uber Eats, allowing them to receive promotions and try it out without having to download a separate app.

As for drivers, they only need the Uber Drivers app because it was built to give them access to ride requests and food orders in one place.

Do I Need Both Uber and Uber Eats Apps?

Whether or not you need both Uber and Uber Eats apps depends on how often you use them.

Uber and Uber eats are separate apps, but both are accessible from their websites, so you can get service without the app.

That said, if you prefer to access any services through these apps, you should download both Uber and Uber Eats apps because both are optimized for use on those platforms.

For drivers, you only need the Uber driver app because it’s been built to give you access to both ride-hailing and food delivery services.

Do Uber and Uber Eats Use the Same Account?

Uber and Uber Eats use the same account, so you don’t need to sign up for both of them separately.

As we’ve established, Uber’s strategy with Uber Eats is to use its existing network to grow the service, and this extends to allowing users to sign in using only one account.

To know more, you can also read our posts on what is Uber Eats Pass, is Uber Eats safe, and does Uber Eats pay for gas.

Conclusion

Uber Eats is owned by Uber, and the services operate under a subsidiary and parent company type of relationship. Uber and Uber Eats have separate apps that are optimized for their respective core services.

However, Uber introduced a web version of Eats in its app in 2019. Drivers only need the Uber Driver app to get ride and food delivery requests.