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CORRECTED - Uber CEO Kalanick sees path to profitability in India

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Reuters NEW DELHI

(Corrects first paragraph to remove reference to Uber CEO saying company lags behind rival, clarifies last paragraph)

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 | 8:46 PM IST

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