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Uber CEO Kalanick sees path to profitability in India

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Reuters NEW DELHI
Last Updated : Dec 15 2016 | 9:07 PM IST

NEW DELHI (Reuters) - Uber Technologies expects to turn a profit in India soon as the ride-hailing firm takes on home-grown rival Ola, the United States-based company's CEO Travis Kalanick said on Thursday.

Kalanick also ruled out a merger with another company in India after the firm folded its China business into local rival Didi Chuxing.

Kalanick was speaking in a public interview hosted by Amitabh Kant, the head of India's Policy Commission.

(Reporting by Douglas Busvine; Writing by Sankalp Phartiyal; Editing by Susan Thomas and Adrian Croft)

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First Published: Dec 15 2016 | 8:50 PM IST

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