Is Uber Planning to Exit Indian Market? Here’s What Company Said

New Delhi: Cab aggregator Uber on Thursday refuted a report claiming that the ride-hailing main had plans to exit the Indian market and held discussions with potential consumers to promote its India enterprise, reported information company IANS. The clarification from Uber got here after a Bloomberg report saying that the US-based transport service supplier explored promoting its India enterprise, however “suspended discussions after tech startup valuations cratered.”Additionally Learn – Commonplace Follow: Unacademy Denies Layoff Reviews, Says 2.6% Staff Let Go As a result of Poor Efficiency

In a press release shared with IANS, an Uber spokesperson mentioned the corporate by no means explored exiting India — not even for a minute — and the report is “categorically false.” “India is as vital to Uber as we speak because it was once we launched 9 years in the past. We’re serving riders and drivers throughout greater than 100 cities, hiring Indian expertise aggressively, and planning for the subsequent decade and past,” the corporate spokesperson mentioned. Uber primarily competes with SoftBank-backed Ola within the nation. Additionally Learn – Cease Carrying Ads of On-line Betting Platforms: Centre Tells Media Homes | Examine Advisory Right here

Uber CEO Dara Khosrowshahi mentioned in April that it’ll develop its product choices and its staff in India. “We proceed to develop the product choices for the Indian client. Whether or not it’s autos, motos or high-capacity autos or leases, India has at all times been a really massive a part of the Uber journey,” he mentioned in the course of the Digital i3 summit organised by Instances Bridge. Uber goals to develop its engineering expertise in India to greater than 1,000 folks from 700 at current, he had introduced. Additionally Learn – 2 AirAsia Planes on Delhi-Srinagar Route Return After Dealing with Technical Snags Mid-Air: Report

Main adjustments launched by Uber India in current instances:

1. Final month, Uber India’s Director of Central Operations, Nitish Bhushan mentioned that they’re “at all times striving to make driving with Uber a viable and enticing choice for drivers and the current hike in fares will straight enhance their earnings per journey”.
2. To take away frustration for riders and drivers alike, the corporate has additionally began exhibiting journey locations to drivers earlier than they determine to simply accept the trip.
3. “Drivers on the Uber advisory council assembly informed us they want extra flexibility round funds. We at the moment are exhibiting drivers the mode of cost (money or on-line) earlier than the journey begins,” the corporate mentioned.
4. To make the money or on-line determination irrelevant, the corporate has additionally launched a every day pay course of for drivers.
5. With these adjustments, the corporate mentioned that also they are reinforcing their service high quality expectations with drivers, particularly in areas like cancellation and making certain AC rides.

(Based mostly on IANS inputs)