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San Francisco-based Uber Technologies' results are hard to report because only pieces are released.

Since being appointed five months ago after CEO Travis Kalanick's departure following a series of scandals, Khosrowshahi said one of his key priorities was "removing distractions".

"Cars are to us what books are to Amazon", Khosrowshahi said at a conference in San Francisco, as reported by the Financial Times.

Mr Khosrowshahi, who was previously chief executive of Expedia, has increased financial discipline, hired a chief operating officer to cut costs and sold Uber's lossmaking car-leasing business.

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The settlement came after four days of trial testimony that included a dramatic appearance by Kalanick, who fended off accusations of orchestrating a elaborate high-tech heist during more than two hours on the witness stand. 'I thought he really held up well, and spoke his mind.

It also agreed not to utilize any of Waymo's technology for autonomous driving as part of the settlement. It was a particularly tough year for the ridesharing giant, which saw scandal after scandal rock the company and erode consumer confidence.

Despite the eye-popping figures, Uber is making headway on slowing the bleeding.

Gross revenue for Q4 sits at close to $11.1bn, an increase of close to $1.4bn over Q3 of 2017 and almost double that of the final quarter of 2016, which saw the company report $6.9bn in revenue.

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Uber's results are hard to decipher because it only divulges pieces of data, taking advantage of its status as a privately held company.

Uber and its ride-hailing service had already been tarnished by the company's acknowledgment of rampant sexual harassment within its ranks, a year-long cover-up of a major computer break-in, and the use of duplicitous software to thwart government regulators. Uber also said its United States ride-hailing market share fell from 82 per cent at the start of previous year to 70 per cent in the fourth quarter. People's view of Uber has become 'appropriately negative, ' Khosrowshahi conceded Wednesday.

Uber's CEO offered an amibitous vision for the company, saying he didn't want it to be seen as purely a car-for-hire company - but one that would take any person on any transit system - "from point A to point B, whatever the best way". That, he said, is something Uber isn't ready to do yet.

But now, free of some of the legal distractions, Khosrowshahi says that he starting focus more on the business and stoke its rapid growth.

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