SAN FRANCISCO (Reuters) – Uber Technologies Inc [UBER.UL] will continue to lose money in its home market for at least the next six months as rival Lyft Inc poses a fierce competitive challenge, Chief Executive Dara Khosrowshahi said on Thursday in his first public comments since taking the top job at Uber two months ago.
Uber boss says U.S. market unprofitable amid tough competition from Lyft
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