Uber’s Ambitious Outlook for 2024 Leaves Market Skeptical
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Uber Technologies Inc. said it expects $5 billion of adjusted earnings by fiscal 2024, signaling that the ride-hailing giant’s recent profitability milestone will persist over the long-term.
“We now have the musculature and the data structures where we are effectively able to cross our audience through a number of different experiences,” Chief Executive Officer Dara Khosrowshahi said at an investor day on Thursday.