Uber to be profitable within 3 years: CEO Dara Khosrowshahi - News Summed Up

Uber to be profitable within 3 years: CEO Dara Khosrowshahi


At WEF Davos 2018, Uber CEO Khosrowshahi said his goal for 2018 is to ‘get back to normalcy’ after the challenges left by former CEO Travis Kalanick. Photo: ReutersLondon: Uber Technologies Inc., whose losses have piled up in the quest for growth around the world, will be profitable within three years, said chief executive officer Dara Khosrowshahi. Speaking at the World Economic Forum in Davos, Khosrowshahi said that even as Uber would continue to be aggressive about expansion, it was finding ways to be more efficient. Six months into his tenure leading Uber, Khosrowshahi is attempting to reverse what has been an unprecedented period of turmoil at the San Francisco-based company. Khosrowshahi said his goal for 2018 is to “get back to normalcy” after the challenges left by former CEO Travis Kalanick.


Source: Mint January 23, 2018 14:15 UTC



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