In early February 2020, Uber announced big plans. After spending years haemorrhaging money, Uber Chief Executive Dara Khosrowshahi announced that the ride-hailing company would finally become profitable by the end of 2020. The announcement was a revision of Khosrowshahi’s claim last year that Uber would become profitable by 2021, and a clear sign that the company has overcome a rocky 2019.
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