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Despite Grab deal, consolidation not strategy of the day, says Uber CEO Khosrowshahi

Despite Grab deal, consolidation not strategy of the day, says Uber CEO Khosrowshahi

Dara Khosrowshahi, chief executive officer of Uber Technologies Inc., poses for a photograph following an interview on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 23, 2018. Photographer: Simon Dawson/Bloomberg

Deepshikha Monga

26 March, 2018

In an email to employees on the deal with Southeast Asia’s ride-hailing major Grab, Uber CEO Dara Khosrowshahi maintained that consolidation – in other words, exits from markets in return for a stake — is not its strategy.

Dara KhosrowshahiGrabUber

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