Thursday, November 21

Tag: Uber india

Uber to “Double Down” Investments in India after Leaving Southeast Asia
19Apr By Lavina TolaniNo Comments
News

Uber to “Double Down” Investments in India after Leaving Southeast Asia

San Fransisco based cab hailing company Uber said on Wednesday that it would be doubling up investment in India to take on the arch contender Ola. Uber's maiden COO Barney Hardford said that India has such a huge potential that the company would not settle for minority stake deals here.The world's most valued startup comments have come up amidst the speculations of a potential merger between its India unit and home built opponent Ola. Hardford said, India is absolutely a core market, now and in the future. Uber's success is hardcoded to India's success. Our merger with Grab Holdings in Southeast Asia has freed up resources for the company to channelize into this market. The company had set up a $1 billion investmnet in 2015 and also opened a support centre in Hyderabad with an inve...
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Uber Developed New App For Its Drivers
11Apr By Sheldan RungasamyNo Comments
News

Uber Developed New App For Its Drivers

Uber developed an app designed exclusively for its drivers that includes a tracker revealing their earnings in real-time as a renewed effort to show its commitment with the Indian market and display its goodwill to satisfy both its clients and employees. The new app comes after Uber’s ‘180 days of change’ program that was launched in June last year in a bid to reply to the diverse requests of Uber’s drivers, such as a tip system and compensation for time wasted in waiting for passengers. "While 180 Days was about correcting missteps of the past, we also needed to think longer term, and the obvious place to start was the Driver app," Chief Executive Officer Dara Khosrowshahi said in a statement. The new app will include lots of useful and new features such as a status bar designed to f...
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Indian Skipper Virat Kohli Becomes First Brand Ambassador of Uber India
9Mar By NitishNo Comments
News

Indian Skipper Virat Kohli Becomes First Brand Ambassador of Uber India

Indian skipper Virat Kohli became Uber India's first brand ambassador. This is the first time that a popular ride-sharing app launches someone as a brand ambassador in the Asia Pacific (APAC) region. India is the market where person image & face works, so the partnership b/w Uber and Virat Kholi sharing a common vision to help the company's commitment to serving the billions of Indians. Looking forward to a successful innings with @Uber_India. Stoked to #TakeABackseat and here's why! #UberIndia pic.twitter.com/fLwCz5eJ25 — Virat Kohli (@imVkohli) March 9, 2018   Virat kohli as a brand ambassador will now involve in a series of marketing and customer experience initiatives to be rolled out by Uber India. As India is a key market for Uber, the company aims to conti...
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Uber Appeals On Legal Decision To Revoke Its London Licence
13Oct By reutersNo Comments
USA

Uber Appeals On Legal Decision To Revoke Its London Licence

Uber lodged a court appeal on Friday to overturn a decision by London’s transport regulator that stripped the taxi app of its operating licence in its most important European market, the first stop on what is set to be a long legal road. Transport for London (TfL) shocked the Silicon Valley firm last month by deeming it unfit to run a taxi service and refusing to renew its licence, citing its approach to reporting serious criminal offences and background checks on drivers. The appeal marks the beginning of months of legal wrangling in a battle that had pitched one of the world’s richest cities against a Silicon Valley giant known for forays into new markets across the globe that have stoked competition for established cab companies. Uber, whose backers include Goldman Sachs and Bl...
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Uber Infuses $8 Million into India Ops- Distributed Between Mumbai And Delhi
7Jul By RishabhNo Comments
BUSINESS

Uber Infuses $8 Million into India Ops- Distributed Between Mumbai And Delhi

San Francisco-headquartered cab-aggregator Uber infused another amount of Rs 51.64 crore (about $7.9 million) into its Indian arms in May, documents filed with the Ministry of Corporate Affairs show. The money was distributed between Mumbai-based Uber India Systems Pvt. Ltd which received Rs 45.2 crore ($6.9 million) and Delhi-based Uber India Technology Pvt. Ltd got Rs 6.42 crore ($991,000). The funds came from Uber’s Netherlands-based subsidiaries, Uber Holdings International BV & Uber International BV (for Uber India Systems) and Besitz Holding BV & Mieten BV (for Uber India Technology). In its effort to capture markets and acquire customers, Uber has been making losses globally. The company’s 2016 net revenue stood at $6.5 billion while adjusted net losses were $2.8 billi...
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Uber Moves Bombay HC For Rs 12 Crore Damage Case
22Apr By AnkitaNo Comments
News

Uber Moves Bombay HC For Rs 12 Crore Damage Case

App-based car service provider Uber India has approached the Bombay High Court seeking Rs 12 crore in damages from taxi owners and drivers associations for harming its reputation and livelihood of drivers by protesting against the company. In its suit, Uber India Systems Pvt Ltd also sought an injunction restraining the defendants from stopping Uber drivers to work, alleging that they were being "verbally abused, physically assaulted and threatened". The suit names Sangharsh Tourist Chalak Malak Sangh, an association of taxi owners and drivers, Action Committee of Maharashtra against Ola and Uber, Mumbai Vikas Foundation, All Drivers Welfare Association and Maharashtra Tourist Permit Union. "The defendants are deliberately, unlawfully and wrongfully resorting to violence and intim...
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