In this news, we discuss the Uber seeking options including partial sale for Uber Elevate: Axios.
(Reuters) – Uber Technologies Inc is looking for options for its Uber Elevate business, including strategic partnerships or a partial sale, Axios reported on Friday, citing multiple sources.
The move reflects CEO Dara Khosrowshahi’s obsession with profitability, the report adds. (bit.ly/31f3bub)
Uber declined to comment on the report.
Report by Tiyashi Datta in Bengaluru; Editing by Maju Samuel
Original © Thomson Reuters Corporation