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Automotive

Uber Seeking Options Including Partial Sale For Uber Elevate

By Sarah Chen
1 min read
uber logo 071615
uber logo 071615

Uber Technologies Inc is seeking options for its Uber Elevate business, including strategic partnerships or a partial sale, Axios reported on Friday, citing multiple sources.

The move reflects Chief Executive Officer Dara Khosrowshahi’s obsession with achieving profitability, the report added. Uber declined to comment on the report.

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