Chief Executive Officer Dara Khosrowshahi is also aiming to bring in more repeat-customer business and try to increase use of premium ride services. “We give Uber (and its board) major credit for finally listening to investors and putting the brakes on its 1980’s Rock Star-like spending habits,” brokerage Wedbush Securities said. Khosrowshahi has been trying to change the company’s image since replacing co-founder Travis Kalanick in 2017 after a series of complaints over his behavior. …read more
Source:: Yahoo Finance