The Newest on the challenges dealing with Uber the experience-hailing service struggles to develop into worthwhile and burnish its tarnished popularity: (all occasions native):
Uber CEO Dara Khosrowshahi says he believes the experience-hailing service can nonetheless grow to be a beloved model regardless of a wave of damaging revelations about its remedy of staff, drivers, regulators and rivals.
Khosrowshahi says “getting the love again” has been considered one of his prime priorities since Uber lured him from on-line journey company Expedia 5 months in the past to exchange co-founder Travis Kalanick as CEO. Though he says he’s happy with the corporate’s progress to date, Khosrowshahi cautioned that the San Francisco firm nonetheless has an extended solution to go to win again the belief of its shoppers and drivers.
He made his remarks throughout a late Wednesday look at a know-how convention hosted by Goldman Sachs.
Khosrowshahi additionally predicted that Uber can be properly on the best way to turning a revenue by time make an preliminary public providing of its inventory subsequent yr, regardless of a $four.5 billion loss final yr.