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It will be a few years before Uber becomes profitable (CNN)

July 09, 2019

Uber Technologies Inc. (NYSE: UBER) will take a few years to become profitable, its Chief Technology Officer Thuan Pham said today at a conference in Hong Kong, CNN reported. “If people invest in Uber, they should be long-term investments,” said Pham. “We’re not in this business for the profit in the next year or two, we’re thinking about changing the landscape of transportation.”

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