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We expect to lose money in Southeast Asia: Uber CEO
short by Aditi Verma / on Thursday, 22 February, 2018
Uber CEO Dara Khosrowshahi, who is currently visiting India, has said, "We expect to lose money in Southeast Asia and expect to invest aggressively." Khosrowshahi added there is a huge potential in the region, given its population and fast internet user growth. Earlier, reports suggested that Uber is planning to sell its Southeast Asia ride-hailing business to Singapore-based rival Grab.
read more at VCCircle