Posts

Showing posts with the label uber ceo

Former Uber CEO Travis Kalanick Plotting Comeback With New Investment Fund

Image
Kalanick, who stepped down as CEO of Uber in June 2017 , said Wednesday that he"s now involved in something else other than ride hailing and this time it’s an investment fund  called 10100. [caption id="attachment_7316" align="alignnone" width="4115"] Former Uber CEO Travis Kalanick pictured here [/caption] Pronounced “ten one hundred," will focus on real estate, web based business/ecommerce, and other innovative ideas in China and India. The former Uber CEO announced this on Twitter and other social media networks. The emphasis on two of the world"s quickest developing economies will take Kalanick back to where Uber confronted some of its hardest difficulties. [xyz-ihs snippet="Kalanick-startup"] You"ll recall that Uber had to sell of its Chinese business to rival Didi Chuxing in 2016 because it could not break into the market due to fierce competition from the latter. Apple didn"t make it easier for them by investing ...