Power Grab
Uber Can't Afford Fall of Singapore
The ride-hailing app's new CEO Khosrowshahi is being dared to an all-out war.
This article is for subscribers only.
Of all the setbacks during World War II, the one that British Prime Minister Winston Churchill could never really get over was the fall of Singapore. Seventy-five years later, Dara Khosrowshahi shouldn't even want to contemplate the costs of surrendering the city's ride-hailing market -- for that might mean the beginning of the end of Uber Technologies Inc.'s global empire.
As my colleague Shira Ovide points out, from angry drivers and wary regulators to a sick corporate culture and a founder with outsize voting power, Khosrowshahi, Uber's new CEO, has a lot on his plate. Add to that the battle for Singapore.