Uber is testing leasing and investing $ 1 billion in development in the Indian market
In the development of business in India, Uber will invest a billion dollars. The company's goal is to bring the number of daily trips to a million. In China, Uber has already managed to reach this level. India is the second largest market for Uber after China.
According to Amit Jain, the head of Uber in India, the Indian market is one of the priorities along with China and uberPOOL . According to the company, its Indian business grew by 40% compared with the previous month. The company sees great potential in India, so achieving high performance in this country is a feasible task.
The invested funds will be used to expand the service to new cities, develop new services and payment methods and organize a large support network, reports TechCrunch.
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Uber's direct competitor in the Indian market is the Ola shipping service. The latter operates in 100 cities in India. While Uber is only 14.
On Thursday, the company began testing its own car rental program in three US states - California, Maryland and Georgia. To rent a car, you must make a deposit of $ 250. Compared to other services where long-term car rental contracts are concluded, in Uber Xchange Leasing the driver simply loses the deposit upon termination of the contract, without any additional penalties. According to a Uber representative, the Toyota Camry of 2013, which costs $ 15,000, will cost Xchange Leasing $ 120 per week for a 36-month lease, and 2013 Toyota Corolla, which costs $ 13.5 thousand, $ 110 per week.
Now Uber operates in 57 countries, including Russia. The cost of the company is $ 40 billion. According to the American company Clarify, in the second quarter of this year, for the first time, Uber was able to get ahead of traditional taxi services in the business travel market in the United States. The share of the service in the second quarter was 55%, while 43% of businessmen used taxi services.
According to Amit Jain, the head of Uber in India, the Indian market is one of the priorities along with China and uberPOOL . According to the company, its Indian business grew by 40% compared with the previous month. The company sees great potential in India, so achieving high performance in this country is a feasible task.
The invested funds will be used to expand the service to new cities, develop new services and payment methods and organize a large support network, reports TechCrunch.
')
Uber's direct competitor in the Indian market is the Ola shipping service. The latter operates in 100 cities in India. While Uber is only 14.
On Thursday, the company began testing its own car rental program in three US states - California, Maryland and Georgia. To rent a car, you must make a deposit of $ 250. Compared to other services where long-term car rental contracts are concluded, in Uber Xchange Leasing the driver simply loses the deposit upon termination of the contract, without any additional penalties. According to a Uber representative, the Toyota Camry of 2013, which costs $ 15,000, will cost Xchange Leasing $ 120 per week for a 36-month lease, and 2013 Toyota Corolla, which costs $ 13.5 thousand, $ 110 per week.
Now Uber operates in 57 countries, including Russia. The cost of the company is $ 40 billion. According to the American company Clarify, in the second quarter of this year, for the first time, Uber was able to get ahead of traditional taxi services in the business travel market in the United States. The share of the service in the second quarter was 55%, while 43% of businessmen used taxi services.
Source: https://habr.com/ru/post/293216/
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