The Sustainability and Turnaround of Uber's Business Model

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This chapter explores Uber's strategies to improve profitability by implementing cost-cutting measures and streamlining their business. The potential for future growth and maintaining profits in the long-term is also examined.

Labour leader Sir Keir Starmer is set to announce the party is abandoning its target to spend £28bn a year on green investment, Uber has reported its first annual operating profit, and the far-right winner of Dutch elections just can't seem to form a government.

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Labour set to ditch plan to spend £28bn a year on green investment

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Uber records first annual profits as market value approaches $150bn

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The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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