Uber CEO Dara Khosrowshahi said that his company’s business in Spain, which mov to a fleet outsourcing model after the approval of the ‘Rider Law’, “is working and growing” by achieving “an interannual growth of close to 40%” and with an EBITDA margin “very close to our general long-term margins.”
The CEO of the American company said this during a talk with investors organis by the Swiss bank UBS, where he was ask about the measures that the European Commission wants to promote to regulate the situation of delivery platform workers at a community level.
However, Khosrowshahi stat that
Uber’s CEO stress that its business model is about “what our drivers and delivery people prefer” and that they “want flexibility,” which is why the company is betting on the ‘IC+’ self-employ luxembourg email list 206480 contact leads model. “we have shown even in Spain, with a fleet subcontracting model, that the model not only works, but grows, and does so in terms close to our general long-term margins.”
Uber had to adapt to the new labor legislation in Spain after the so-call ‘Rider Law’ came into force in August 2021, when it explain that “all delivery drivers who work with Uber Eats will be protect with an employment contract and the associat benefits” in “fleet management companies.”
The company’s director said that they can make “any model work,” referring to labor legislation, because “our market is incribly flexible.” “There is a lot of demand for our technology , our service, our brand, our security, our reliability, so any model can work economically for us,” he add.
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Negotiation with the EU
Regarding regulations at the agb directory community level, Khosrowshahi explain that it is the “beginning of a process where the European Union (EU) consults business in with the States” asserting that “we will have already spoken with the EU before anything is finaliz.” The final regulations are usually made “at the state level,” he warn.