Uber rules out acquisitions in Southeast Asia, to focus on organic growth

Ride-hailing service Uber Technologies Inc will focus on organic growth as it expands into Southeast Asian markets, a senior vice president told Reuters on Friday.

It will also seek to work with Taiwan’s government towards a regulatory environment that will allow ride-sharing to flourish, David Plouffe, Uber’s senior vice president of policy and strategy, said in an interview during a visit to Taipei.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter