Uber CEO plans to ‘invest aggressively’ to compete with rivals Southeast Asia

 Uber CEO Dara Khosrowshahi has distanced the company from reports that it might exit Southeast Asia and India. Currently in India on his maiden visit to Asia as Uber boss, Khosrowshahi told an audience that the company plans to continue to invest in Southeast Asia, where Uber has slipped behind Grab and Indonesia-based Go-Jek. “We expect to lose money in Southeast Asia and expect to… Read More

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