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Video: Uber is refocusing on its core businesses

10 December 2020

Uber is refocusing on its core businesses, including ride-hailing and food delivery, since the COVID-19 virus pandemic, and scaling back some future technology projects. The sale of ATG will support Uber's aim to achieve profitability on an adjusted basis by the end of 2021. Although autonomous vehicles continue to show promise, with investment and development not letting up, their deployment commercially and at scale remains several years away.

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The above article is from AutoIntelligence Daily by IHS Markit. Every working day, AutoIntelligence Daily provides about 30 articles focused on automotive news, events and trends. Get a free trial.



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