Uber CEO: Will invest whatever we have for success in India
Uber Eats chief executive Dara Khosrowshahi said India is already among the top three markets (besides the US and Latin America), accounting for 10 per cent of its trips globally. Profitability in the Indian market, however, is still some time away for Uber, one of the world's most valued startups. He added that India is one of Uber's healthiest markets in terms of growth rates of number of active drivers and weekly trips
Asked about a possible merger with homegrown rival Ola, Dara Khosrowshahi said Uber will "look at any deals that can add value to its partners and shareholders, but we believe in controlling our own destiny in India". Image source: Reuters