(Yoolim Lee and Eric Newcomer of Bloomberg News reported Thursday that Grab and Uber may sign the deal this week or next. )Uber's new CEO, Dara Khosrowshahi , should have pushed back more firmly against 15 percent owner SoftBank Group Corp . At the same news conference in New Delhi, however, Khosrowshahi also said he expected to invest "aggressively" in Southeast Asia and lose money. 1 taxi company acquired 51 percent of Uber's car-rental unit in December at a 10 percent discount to the fleet's net asset value. It's still unclear if the decision to sell out of Southeast Asia also means an exit from the city-state.

Source: Economic Times March 09, 2018 04:00 UTC