Uber CEO Dara Khosrowshahi: The consumer remains strong, but employment market strength is a worry

Summary

In a Davos interview, Uber CEO Dara Khosrowshahi told Squawk Box that US-Europe relations appear to be moving in a constructive direction but remain slow and painful. He said Uber's hyper-local model insulates it from geopolitical and tariff/regulatory tensions, while consumer spending remains strong across travel, commuting, going out, and food delivery. He flagged employment-market weakness as his main worry but noted it helps Uber's driver and courier supply, and said AI is early but driving productivity gains.

• Dara Khosrowshahi discusses CEO sentiment at Davos and US-Europe relations.
• He says Uber's local driver/courier model limits exposure to global trade or brand backlash.
• Uber reported 22% transaction growth and 38 million trips a day.
• Consumer remains strong in travel, restaurants, commuting, and delivery, according to the CEO.
• Employment market weakness is his biggest concern, though it aids Uber driver/courier supply.
• AI is still early but is contributing to broad productivity increases.
• The interview was cut off before the discussion concluded.