[ad_1]
Synopsis
Uber’s plans for its India business are a subject of speculation. India is a mere sliver at 0.5% of its global revenue after more than nine years in the country. And things aren’t looking up either.
Uber CEO Dara Khosrowshahi came down hard on a news report that said the company might have explored the sale of its India business. But Uber’s India plan has been a subject of speculation for quite some time, as its future in the country where cab-hailing remains a niche market is intensely debated. There were indeed murmurs of Uber’s likely exit from India and Khosrowshahi wanted to quell them.But a few facts remain.Uber drastically reduced
BY
ET Prime
- FONT SIZE
AbcSmall
AbcMedium
AbcLarge
Why ?
Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors
Stock analysis. Market Research. Industry Trends on 4000+ Stocks
Clean experience with
Minimal Ads
Comment & Engage with ET Prime community 
Exclusive invites to Virtual Events with Industry Leaders 
A trusted team of Journalists & Analysts who can best filter signal from noise
[ad_2]
Source link
