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Customer LoginsVideo: Uber is refocusing on its core businesses
Uber is refocusing on its core businesses, including ride-hailing and food delivery, since the COVID-19 virus pandemic, and scaling back some future technology projects. The sale of ATG will support Uber's aim to achieve profitability on an adjusted basis by the end of 2021. Although autonomous vehicles continue to show promise, with investment and development not letting up, their deployment commercially and at scale remains several years away.
This article was published by S&P Global Mobility and not by S&P Global Ratings, which is a separately managed division of S&P Global.