uber: In an interview with CNN correspondent Christiane Amanpour, Khosrowshahi defended Uber's business model, which involves the company investing heavily in promotions to entice customers to its on-demand ride and meal-delivery offerings, according to Nine News Australia. Uber is blowing through billions of dollars, but CEO Dara Khosrowshahi is undeterred. To improve your experience update it here News National Uber loses billions in past three months By CNN5 52pm Sep 25, is blowing through billions of dollars, but CEO Dara Khosrowshahi is undeterred. AAP The model is absolutely sustainable, Khosrowshahi said. And anytime you have a business that has the kind of market size of trillions of dollars in terms of transportation and food and global commerce, it makes sense for a company to invest. The business, for example, is still growing 30-plus per cent on a global basis.
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