Uber India news and trends

Uber India Had Annualized Bookings Of $1.64B In Q3
Ridesharing // December 05, 2018

Uber may be exiting some international markets — but when it comes to India, the ride-hailing company is staying put. Citing an email penned by Uber’s India head Pradeep Parameswaran, CNBC reported he told executives — including chief executive Dara Khosrowshahi and CFO Nelson Chai...

Uber Plans To Reinvest Profits In Tech, Products In Emerging Markets
Investments // May 24, 2018

Uber, the ride-hailing company, plans to pour its profits into expanding its products and investing in technology in emerging markets. BGR, citing an email penned by Uber CEO Dara Khosrowshahi, reported the company will reinvest profits in emerging markets, including India, so it can beef...

Uber’s Cash Cow Grazes Across India
Mobile Commerce // July 22, 2015

While it was announced just last week that Uber has picked a payment processor to help it resume card payments, that doesn’t mean Uber has given up on its efforts to allow people in India to pay for an Uber in cash. After all, in...

Quick Reads
Uber India Lays Off 600 As Ride Demands Vanish Amid COVID-19

May 26, 2020
As India sees COVID-19 cases quickly climb for the seventh day in a row as of Tuesday (May 26), Uber, like most businesses in the country, is seeing a severe dropoff in the demand for its services and will layoff about 600 workers. The move is part of a survival strategy amid the pandemic that […]

Uber India Had Annualized Bookings Of $1.64B In Q3

December 05, 2018
Uber may be exiting some international markets — but when it comes to India, the ride-hailing company is staying put. Citing an email penned by Uber’s India head Pradeep Parameswaran,...

Uber Plans To Reinvest Profits In Tech, Products In Emerging Markets

May 24, 2018
Uber, the ride-hailing company, plans to pour its profits into expanding its products and investing in technology in emerging markets. BGR, citing an email penned by Uber CEO Dara Khosrowshahi,...

Uber’s Cash Cow Grazes Across India

July 22, 2015
While it was announced just last week that Uber has picked a payment processor to help it resume card payments, that doesn’t mean Uber has given up on its efforts...