26-03-2018 07:26 via feedproxy.google.com

Uber CEO says there will be no more global exit deals

Uberhas exited three global markets by selling to rivals, but enough is enough after its deal with Grab so says CEO Dara Khosrowshahi.
Following today’s announcement with Grabwhich sees Uber leave Southeast Asia hot on the heels of exits in China (2016) and Russia (2017), Khosrowshahi told employees that there will be no more repeats under his leadership.
It is fair to ask whether consolidation is now the strategy of the day, given this is the third deal of its kind, from China t
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