Site Search
Google Search
search button
Breaking News: Obama Slams Trump's Politics In Speech Honoring Nelson Mandela     - | -     Extreme Heat In NYC Creates Stormy, Apocalyptic Cloudscape     - | -     Trump Announces He Misspoke on Monday, Accepts U.S. Intel that Russians Interfered in Election     - | -     John McCain Has Serious Qualms with Trump Defending a 'Tyrant' Like Putin      - | -     Even Fox News Hosts Are Outraged with Trump's Acceptance of Putin      - | -     Lawmakers, Including GOP, Outraged Trump Accepted Putin's Word that Russia Didn't Meddle in Election      - | -     GOP Congressman Invokes 'The Deep State'
Uber Boss Says U.S. Market Unprofitable Amid Tough Competition from Lyft
Get Business & Technology Alerts

viewsViews 530
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