Chief financial officer of Uber: the company has reached the profit milestone and will focus on increasing revenue
According to reports, Nelson Chai, chief financial officer of Uber, said that after reaching an important profit milestone in the recent fiscal quarter, the online car hailing and takeout service company will focus on increasing revenue. Uber said in early November that in the fiscal quarter ended September 30, the company achieved adjusted earnings before interest, tax, depreciation and amortization (EBITDA) of US $8 million, which was the first time in Uber's history of about 10 years.
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