BANGALORE, INDIA – Uber Technologies Inc. Chief Executive Officer Dara Khosrowshahi is vowing to make his company profitable while pursuing growth from emerging arenas such as India, addressing investors’ concerns about the ride-sharing company’s mounting losses and global regulatory challenges.
Uber, which lost about $5.2 billion in the second quarter alone, is having a tough time convincing the market of its growth potential — or that it can turn a profit anytime soon.
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