Hyperdrive
Uber CEO's Asia Trip Underscores Its Persistent Global Ambitions
- Ride-hailing company seeking taxi partnerships in Japan
- India remains in focus; possible retreat in Southeast Asia
Uber's New CEO Faces Some Big Challenges
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Uber Technologies Inc. isn’t ready to give up the world.
Dara Khosrowshahi, in his first trip to Asia since becoming chief executive officer, made it clear that the ride-hailing company isn’t about to scale back its business to just countries where it already has a strong market position. During his first stop in Japan, he said he’s willing to forge partnerships with taxi companies in order to succeed, even though Uber has less 1 percent market share and only offers limited services there.