Uber going Public but never made a profit !
Uber Inc., the world's most valuable startup valued at more than $78 billion is heading towards at IOP in May this year. Started out of a problem experienced by the founders Travis Kalanick and Garret Camp who didn't get a cab one night while heading towards their hotel. This led them to start Uber and disrupt the transportation industry with a simple idea of bringing onboard demand and supply on an app. Present in more than 600 cities across the globe under the leadership of is founder Travis Kalanick who had to leave Uber in 2016 forced by its board and investors due to series of scandals that himself and the company had faced in various countries. It took 9 months for Uber to find their leader in Dara Khosrowshahi who built Expedia into a global travel powerhouse. Until then Uber had sold their business in China, SEA, Russia to DiDi, Grab and Yandex due to the stiff competition, sold and became an investor in their business in respective countries. Under Dara, U