nameNelson Che
roleCFO
linkedin none on file
contactnot published
filingsnone on file
quotes
And then as far as Uber One goes, I'd say one area that we're quite excited about, in addition to now expanding into 15 markets, is the introduction of Uber Cash for our mobility business. You know, we think that Uber Cash is a better product for the consumer. One, the discount that we offer is higher because it creates more incrementality for the consumer out there. But it also allows the consumer to essentially earn cash on rides, but then spend it across the platform. They can spend that cash on mobility, delivery. If they earn on a business trip, for example, they can spend the money on a personal trip, which is pretty cool. So it's a very, very flexible way of spending. And we think it's a win-win. It's a win for the consumer because they can spend across the platform versus apply their discount just to, let's say, that mobility trip. And it's a win for Uber because what we observe is that it drives increased incrementality as far as a membership benefit goes.
Aug 1, 2023 / CFO / receipt, needs a key / Nelson Che, CFO | earnings call 2023-08-01 | transcript 08eaf7cd-2552-4bc0-8cac-8c76b631e240 | chars 15328-16307 | segment 14
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