Uber seeking options including partial sale for Uber Elevate: Axios
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FILE PHOTO: A screen displays the company logo for Uber Technologies Inc. on the day of it's IPO at the New York Stock Exchange (NYSE) in New York, U.S., May 10, 2019. REUTERS/Brendan McDermid
(Reuters) - 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. (https://bit.ly/31f3bub)
Uber declined to comment on the report.
(Reporting by Tiyashi Datta in Bengaluru; Editing by Maju Samuel)
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