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This Article is From Jan 26, 2018

Uber's Khosrowshahi to Make First Asia Visit as CEO in February

(Bloomberg) -- Uber Technologies Inc.'s Dara Khosrowshahi has scheduled his first visit to Asia since taking over as chief executive officer amid questions about the ride-hailing giant's future in the region.

Khosrowshahi will visit Japan and India during the week of Feb. 19 to meet business and government leaders, said Chris Brummitt, a spokesman for Uber. The CEO will discuss ways in which the U.S. company can serve riders, drivers and cities.

Since taking over last summer, the CEO has been on a charm offensive to improve Uber's image after a series of controversies that led to the ouster of his predecessor, Travis Kalanick. Khosrowshahi has said the company must work more closely with regulators rather than the more combative approach taken by the former CEO.

The company recently finalized a deal that makes Japan's SoftBank Group Corp. its largest shareholder, prompting speculation it will play a consolidating role in Asia, where Uber competes head to head with India's Ola and Southeast Asia's Grab.

Rajeev Misra, a SoftBank executive joining Uber's board, suggested in a recent interview with the Financial Times that Uber focus on core markets such as the U.S., Europe, Latin America and Australia. In an interview at Davos this week, Khosrowshahi disagreed, saying the company would be "leaning forward" to expand.

To contact the reporter on this story: Yoolim Lee in Singapore at yoolim@bloomberg.net.

To contact the editors responsible for this story: Robert Fenner at rfenner@bloomberg.net, Reed Stevenson

©2018 Bloomberg L.P.

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