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Uber is investing its growth into its next chapter — including scooters and bikes

Written by CRETech | Aug 20, 2018 12:29:55 PM

Uber isn’t expanding the global footprint of its ride-hail service at breakneck speed anymore. It also isn’t close to being profitable yet. That’s in large part because the company, under CEO Dara Khosrowshahi, is spending a lot of its money building out its next chapter, which goes far beyond ordering car rides with your phone.