Uber confirms Expedia chief Dara Khosrowshahi as next chief

Uber on Tuesday confirmed that Dara Khosrowshahi will take over as its new chief.

Dara Khosrowshahi is currently the chief executive of Expedia.

Uber's board chose him to replace its former embattled CEO and co-founder Travis Kalanick.

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Kalanick expressed happiness with the appointment of Dara.

Kalanick had to step down as Uber's CEO under pressure from the investors who were worried after a string of governance related issues.