Uber CEO Dara Khosrowshahi has made a series of bold moves as he tries to pull his company into profitability.
Ever since Uber burst onto the global stage a few years ago led by the brash Travis Kalanick, scrapping with regulators the world over and winning over legions of fans, one little thing has nagged at its backers: its apparent inability to make any money. Since going public in 2019, Uber has lost money in every quarter.. And it starts with stemming the flow of red ink on Uber's balance sheet.
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