Uber Profits Elsewhere Support 'Sustainable' Spending in China: CEO - Newsweek

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Newsweek

Uber Profits Elsewhere Support 'Sustainable' Spending in China: CEO Newsweek Ride hailing app company Uber Technologies is generating more than $1 billion in profit a year in its top 30 cities globally, and partly using that money to bankroll its expansion in China, chief executive Travis Kalanick said. The company said in ... Uber is bankrolling huge losses in ChinaSeeking Alpha all 3 news articles »

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