‘Cars Are to Us What Books Are to Amazon,’ Uber CEO Says
Uber's New CEO Faces Some Big Challenges
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Speaking at a conference in San Francisco, Uber Technologies Inc. Chief Executive Officer Dara Khosrowshahi rattled through the company’s ambitions: food delivery, freight, autonomous vehicles and even buses and bikes.
Ultimately, Uber’s business is getting people from “point A to point B,” he said at a Goldman Sachs-hosted event on Wednesday. Achieving such goals means the company will continue to lose money, he acknowledged, a day after Uber reported a loss of $4.5 billion for 2017 on $7.5 billion in net revenue.