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Uber seeking options including partial sale for Uber Elevate: Axios - Metro US

Uber seeking options including partial sale for Uber Elevate: Axios

A screen displays the company logo for Uber Technologies Inc. on the day of it's IPO at the NYSE in New York

(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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