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India – Uber to soon turn profit in India (Reuters)
By memberservices@staffingindustry.com (Craig Johnson)
Uber expects to soon turn a profit in India as it does battle with Ola, an India-based human cloud ride sharing firm, Reuters reports. Uber CEO Travis Kalanick said last week that the company sees a path to profitability in India. Kalanick also shrugged off criticism that Uber is foreign-owned saying both Uber and Ola had taken investments from foreign investors.
Source:: Staffing Industry Analysts Daily Newsfeed
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