The last quarter of 2019 was turbulent for Uber, as it faced serious disruptions in its business from California to London to India. After bottoming out with its lowest-ever recorded share price in late November, however, the situation started to turn around for the ride-hailing company.
Uber’s share price began to slowly and steadily rise, even as Travis Kalanick, its co-founder and former CEO, left the company’s board and sold off all of his roughly $2.5 billion stake in the company. This change comes as Dara Khosrowshahi, Uber’s current CEO, has aimed to .
Uber reported on Thursday that despite not yet being profitable, it’s…
Source CNET Tech