We Expect This Business To Be Very Profitable

CEOTrends, Dara Khosrowshahi, EnterpriseMarketingNews, EnterpriseWebPro, ipo, MobilityRevolutionUpdate, ridesharing, SharingEconomyTrends, uber /

“Not only do we expect to hit cashflow break-even, but we expect this business to be very profitable at maturity,” says Uber CEO Dara Khosrowshahi. “I think that going forward our spending declines as a percent of revenue. So when you’re growing trips 35 percent year on year your spending is going to increase. But […]

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