Achieving such goals means the company will continue to lose money, he acknowledged, a day after Uber reported a loss of $4.5 billion for 2017 on $7.5 billion in net revenue. This attitude is clearly visible in the previous business practices and approaches adopted by the ride-hailing company since its introduction in the USA and other potential markets.
Uber prefers using a different number when it refers to its loss, which is says is $2.2 billion, but that figure does not include some of its legal costs as well as compensation that is stock based, taxes, interest and other types of expenses.
Khosrowshahi comment echo those of Uber's head of transportation policy and research Andrew Salzberg, who said that the company was simply looking to help its customers get from A to B as quickly as possible.
Uber has gone through a lot of changes over the past year, including a new CEO.More news: CNN analyst breaks down crying while talking about Florida shooting
Remaining a private company, Uber is not legally required to present its quarterly figures, but it has begun disclosing some earnings information in recent months.
Google and Uber were friendly rivals in the driverless-car industry, which is expected to grow to billions of dollars a year.
According to the Everett Police Department, the 18-year-old's grandmother called 911 Tuesday morning after finding the journal and believed the threats to shoot students at the school were credible.
A person briefed on the results provided some numbers and confirmed the accuracy of The Information's story to The Associated Press on Wednesday.More news: Minnesota Timberwolves vs. Houston Rockets - 2/13/18 NBA Pick, Odds, and Prediction
Since Khosrowshahi took over as CEO of Uber, he has been busy rebuilding the company that Kalanick founded but also nearly destroyed.
Last month, ride-hailing group agreed to sell $10 billion of its stock to a consortium led by Japan's internet giant SoftBank Group Corp. recently for a 15 percent stake, making it the Uber's largest shareholder.
Google released a statement that it was happy with the deal and would partner with Uber so that it could develop its own autonomous technology.
This is Khosrowshahi's first full quarter since becoming Uber's head. "Their app is just a download away from people moving on to a competitor", he said. But he said the deal was intended mostly to remove the distraction and allow the company to focus more on its core business.More news: US Vice-President Pence suggests Washington ready to talk to N. Korea
"I am pretty confident that we can turn the knobs to make this business profitable, but it would sacrifice growth and innovation", Khosrowshahi said. However it's the "right thing to do", he said, claiming that the company won't stop investing in Asia anytime soon.