Tag Archives: economic advisory council

Did Trump give Uber the Middle Finger?

Last August, ride-hailing behemoth Uber conceded defeat in China, where CEO Travis Kalanick previously said the company had been “losing over $1 billion a year” to compete in, according to Reuters. As Uber re-marshalled resources to India and Southeast Asia, it appeared a simple shift of frontiers as it focused on other ride-hailing markets to conquer. Uber’s latest battle, however, had hit

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