Uber's financial services head Peter Hazlehurst is stepping down as the company focuses on rides and food delivery, and ices plans to become a financial services company, Bloomberg News reported, citing an email to staff.
Chief Executive Officer Dara Khosrowshahi said in the email that Uber will "deprioritize" several of its finance-related projects, which included credit cards, a digital wallet and instant payments for drivers, the report on Thursday added.and said it will focus on its core businesses and planned to reduce investment in several "non-core projects" to weather the impact of the pandemic on its business.Get a daily round up of our most popular tech stories.
RideSafeWorld Shit company, pyramid scheme.
Remind me again what that core business is and where the revenue comes from? Is it more than simply exploiting drivers in a bad economy?
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