Nov 26, 2017 - Economy & Business

Uber tries to rebuild reputation ahead of IPO

The Uber app displayed on two smart phones. Photo: Julio Cortez / AP

From a Financial Times Big Read, "Uber: the clean-up after [Travis] Kalanick continues," by Leslie Hook and Hannah Kuchler:

  • "Amid the [hacking] revelations, some have started wondering whether Uber can ever escape Mr Kalanick's shadow. As the company prepares to go public in 2019, further bad news could lead to a delay or a cut to Uber's valuation."
  • "[T]he backlash over the data breach is likely to build. When [CEO Dara] Khosrowshahi took the helm [Aug. 29], he praised Mr Kalanick's passion. But he may not have known the full extent of the clean-up act that he was undertaking.
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