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Uber executive plays down deal prospects in Brazil, citing scale

“Reuters reported at the time that SoftBank Group Corp, which invested in an array of ride-hailing competitors including Uber, Grab and Didi, urged Uber to focus less on Asia and more on profitable markets like Latin America” writes Midwest Communications Inc for Chief Executive Dara Khosrowshahi, who joined Macdonald on a visit to Chile, told employees after the Grab deal that he had no plans for another transaction of its kind.

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