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Uber's CEO said that it could be profitable - it just doesn't want to be right now

6 monthes ago   |   By

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Uber CEO Dara Khosrowshahi said that the business could be profitable if it stopped operating in new markets and its research divisions.
Khosrowshahi said choosing to become profitable would sacrifice growth and innovation.
Operating at a loss makes Uber's CEO "intensely uncomfortable," but he said it was the right thing to do.
Uber CEO Dara Khosrowshahi said on Wednesday that the company could be profitable if it cut expensive parts of its business such as operating in developing markets and autonomous vehicle research.
"I'm pretty darn confident that we can turn the knobs to get...
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