Site Search
Google Search
search button

Breaking News:

What's Behind Trump's Claim that There's Middle-Easterners in the Migrant Caravan?     - | -     Former Trump Campaign Attorney Nominated to Head Interior Dept. Inspector General Office Resigns      - | -     Migrant Caravan Increases to Around 5000 People, Storm Through Mexico      - | -     Trump Admits to Deception and Lies in Khashoggi's Death But Still Supports Crown Prince      - | -     GOP Congressman Invokes 'The Deep State'
Uber Boss Says U.S. Market Unprofitable Amid Tough Competition from Lyft
Get Business & Technology Alerts

viewsViews 824
10 Nov 2017 05:16 AM EST

Uber will continue to lose money in its home market for at least six months as rival Lyft poses a fierce competitive challenge, Chief Executive Dara Khosrowshahi said on Thursday in his first public comments since taking the top job at Uber two months ago. “The U.S. is very, very competitive right now between us and Lyft, so I don’t see the U.S. as being a particularly profitable market for the next six months,” said Khosrowshahi,

Post Your Comment
Excellent Very Good Good Fair Poor



Recently Posted Comments
FREE
AllMediaNY AllMediaNY AllMedaiNY