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Uber Seeking Options Including Partial Sale For Uber Elevate: Axios

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Uber Seeking Options Including Partial Sale For Uber Elevate: Axios
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.
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By Reuters

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Published on October 17, 2020

Highlights

    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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