The company plans to increase the team at its Bengaluru engineering centre to 50 from 15 by the end of the year; the San Francisco-based team that catered to Chinese operations will now complement the Bengaluru centre, Uber India president Amit Jain said in an interview. After agreeing to sell its China business to bigger rival Didi Chuxing, the San Francisco-based ride-hailing company has started to divert to India a significant portion of the
The company plans to increase the team at its Bengaluru engineering centre to 50 from 15 by the end of the year; the San Francisco-based team that catered to Chinese operations will now complement the Bengaluru centre, Uber India president Amit Jain said in an interview. After agreeing to sell its China business to bigger rival Didi Chuxing, the San Francisco-based ride-hailing company has started to divert to India a significant portion of the $1 billion investment it had planned to make in China this year, a top company executive said.
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The company plans to increase the team at its Bengaluru engineering centre to 50 from 15 by the end of the year; the San Francisco-based team that catered to Chinese operations will now complement the Bengaluru centre, Uber India president Amit Jain said in an interview.
After agreeing to sell its China business to bigger rival Didi Chuxing, the San Francisco-based ride-hailing company has started to divert to India a significant portion of the $1 billion investment it had planned to make in China this year, a top company executive said.
billion investment it had planned to make in China this year, a top company executive said.
There are companies here that will set-up dog sitting online, send you a razor every month, or let you save money when you’re in a wedding.
So, you will see a portion of that being focused now on the India business.” And, while Uber will continue to subsidize every ride it offers commuters in India, the larger focus will be on customization of product offerings and technologies in India.
These will then be evaluated to determine if they can be used in other Uber markets.
Zyk is looking to acquire 1,000 customers over the next six months and also raise a fresh round of investment.
On the pivot, Gupta says the company was not seeing the growth he had planned, and that the Indian market was still not ready for mobile-based experiences around dating and relationships.