Sunday, May 26

Uber’s Manik Gupta Promoted  as the Chief Product Officer

The ride hailing major Uber has promoted Manik Gupta as the chief product officer of the company who has been the interim product lead at Uber since the departure of Daniel Graf in April this year. Prior to that, he ran Uber’s marketplace and maps product teams for three years where he was responsible for creating mapping solutions and marketplace technologies.

This move has come at a time when Uber is transitioning itself from being a taxi hailing service to an end-to-end transportation service provider. He stated that riders can connect with a private car to get from point A to B, but the company can support other transportation modes, too.

“My priorities are to leverage and refine the technology that powers our ridesharing experience to support our big bets like Eats, bikes, and scooters; continue to build a world-class product team; build upon the momentum of our recently launched features such as our loyalty programs (Uber Rewards and Uber Pro) and focus on markets like India to continually improve the experience for users and driver partners,” Manik Gupta stated.

Uber said that growth in bookings for its ride-hailing and delivery services rose 6% in the latest quarter even as the firm lost $1.07 billion for the three months ending Sept 30.