Dara Khosrowshahi told CNBC that the company wasn't interested in buying out US competitors and instead wanted to grow Uber Eats organically.
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Uber considered buying its couriering competitor Caviar this summer but ultimately passed on the deal, CEO Dara Khosrowshahi told CNBC on Friday morning.
Caviar was eventually sold by its owner, Square, to DoorDash in a $410 million cash-and-stock deal.
"You can expect us to look at every single deal out there in the marketplace," Khosrowshahi told David Faber and Jim Cramer minutes before Friday's opening bell, as Uber investors braced for a more than 8% decline following the company's disastrous earnings report the afternoon prior.
Read more: Uber Eats has massive competition after 2 rivals agreed on a $10 billion deal to become one of the world's biggest food-delivery companies