Dara Khosrowshahi, CEO of Uber, appears on CNBC’s Squawk Box at the 2020 World Economic Forum in Davos, Switzerland on Jan,. 22nd, 2020.
Adam Galici | CNBC
Uber is better equipped than its competitors to turn ride-hailing into a profitable business, the company’s CEO told CNBC.
“We are by far the global leader in ride-sharing,” Dara Khosrowshahi told CNBC’s “Squawk Box” at the World Economic Forum in Davos, Switzerland. “We are structurally set up more efficiently and more optimally than anyone else to move to profitability. So actually this environment is perfect for us.”
Uber has looked to wind back operations in markets where it’s struggled to gain a foothold and generate profits in…
Source cnbc.com