Uber Technologies Inc (UBER)

Given the significant increase in commercial insurance costs in the U.S. over the past two years, leading to higher prices and a slowdown in transaction growth due to consumer elasticity, how do you plan to mitigate these costs on your mobility business while maintaining growth and profitability? -

With the expansion of autonomous vehicle partnerships, particularly with Waymo in Phoenix and upcoming cities like Austin and Atlanta, how do you foresee the integration of AVs affecting your existing driver network, and what measures are you taking to ensure this transition doesn't negatively impact driver earnings and the overall supply-demand balance? - -

You mentioned a disciplined approach to capital allocation with a high bar for M&A, as seen with the Foodpanda acquisition in Taiwan. How do you determine when an acquisition provides enough strategic and financial value versus pursuing partnerships, and could this cautious stance limit opportunities for growth in key markets or verticals? - -

As you expand into less dense markets, which you noted could have been recognized earlier, what specific challenges do you anticipate in building both supply and demand in these areas, and how will you address potential operational complexities to ensure profitability outside major cities? -

Your advertising business has shown robust growth, particularly in delivery, but as you aim to increase ad loads, how do you balance monetization efforts with maintaining a high-quality user experience, and what risks do you foresee in scaling ads without impacting customer satisfaction and retention? -