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Grab dominated SE Asia and that exit for Uber made sense as they got a very good equity stake in a dominant player. They still haven't exited all parts of Asia.
by actuator 7y ago
Grab dominated SE Asia and that exit for Uber made sense as they got a very good equity stake in a dominant player. They still haven't exited all parts of Asia. I really doubt that Uber is going to be a US only business. They still are growing in markets outside US as well. They had 30% YOY revenue growth last quarter in APAC compared to 38% in NA. I couldn't find the EBITDA numbers broken by geography though.
- deleted 7y ago[deleted]