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Uber’s food delivery business is on pace to be the largest food delivery business outside of China.
“Eats is an exploding business in a good way,” CEO Dara Khosrowshahi said onstage at Code Conference at Rancho Palos Verdes, Calif. “It’s now at a $6 billion bookings run rate, growing over 200 percent.”
Khosrowshahi said the biggest challenge the company’s food-delivery business is grappling with is getting deliveries done in under 35 minutes every time.
“It’s taking advantage of our customer base, it’s taking advantage of our brand,” he said.
“Eats is only in 250 cities on a global basis and it’s got 350 cities to go to catch up to our rides business,” he continued.
For context, Grubhub, one of the more established food delivery services, had $3.8 billion in gross food sales last year, though it’s largely a U.S. business. Uber Eats is the the fastest growing food delivery service, with consumers pending more on Uber Eats than on any other food delivery service in nine of the 22 most-populous U.S. cities.
The former Expedia CEO said Eats doesn’t need any acquisition for its UberEats business but will be opportunistic in the future.
Outside of its core rides business and Eats, Khosrowshahi also said he wants Uber to be the “Amazon for transportation.” As we previously wrote, the company has partnered with a few firms to connect its users to multiple forms of transportation in an effort to have a piece of every transport transaction.
Watch the full interview below:
Or listen to it on our podcast Recode Decode:
This article originally appeared on Recode.net.
