Dara Khosrowshahi

Increasing competition in the ride-hailing space has resulted in better incentive structures for gig workers in the sector as platforms experiment with their business models or tweak the way they charge commissions from drivers.Swiggy-backed bike-taxi platform Rapido has introduced a subscription fee model for its driver partners on cabs and autos, doing away with the old structure of commissions on rides, while California-headquartered inDrive is offering commission rates of 10-12% to its drivers in India, less than half…

Amazon Pay has received a payment aggregator licence from the Reserve Bank of India (RBI). This and more in today’s ETtech Top 5.Also in this letter:■ Adani-Uber EV fleet partnership ■ ETtech Done Deals■ Carmakers tap influencersAmazon Pay secures payment aggregator licence from RBI Amazon Pay, the digital payments arm of ecommerce major Amazon India, has received a payment aggregator (PA) licence from the Reserve Bank of India (RBI).It now joins the likes of Zomato, Google Pay, Zoho and others to become…

Adani group is planning to foray into the cab service space with electric vehicles in partnership with Uber, multiple people aware of the negotiations told ET.Billionaire Gautam Adani and Uber CEO Dara Khosrowshahi last week discussed the strategic alliance whereby Adani Group is looking to become a fleet operator by purchasing and listing hundreds of electric four-wheelers on Uber, the sources said.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT Technology Leadership and…

“We sit on the same table… the distance has probably allowed healing to happen,” Uber’s chief executive Dara Khosrowshahi told ETtech in an interview, when asked about his relationship with the San Francisco-based ride-hailing giant’s founder Travis Kalanick, who was replaced by the 54-year-old chief executive.“He was really hurt by what happened and he was very passionate about Uber... He's still passionate about the company even though he doesn't own a share…He is very happy about what's happened with Uber (now) and to…

Uber Technologies will keep a laser-sharp focus on its core mobility business in India, consolidate its market share and not be distracted with other offerings and services, according to CEO Dara Khosrowshahi. While rival Ola dabbles with multiple "shiny, new efforts and (an) IPO", Uber will continue to build its ride-hailing business which has immense potential for growth, he told ET in an exclusive interview.The 54-year old, who has steered Uber to profits of $1.1 billion globally in 2023, said the Indian arm was now a…

Happy Monday! Uber Technologies will be laser-focussed on its mobility business in India and consolidate its market share, CEO Dara Khosrowshahi told ET in an exclusive interview. More on this in today’s ETtech Morning Dispatch.Also in the letter:■ Explained: The boardroom battle at Byju’s■ Accenture’s revenue bet on GenAI■ India’s first text-to-image generator Exclusive | While Ola taps new roads, our focus still ride-hailing: Uber CEO Dara KhosrowshahiIn an exclusive interview with ET, during a four-day trip to India,…

Published By: Samreen PallLast Updated: February 23, 2024, 11:19 ISTUber partners with India's ONDC for Bus and Metro Bookings.Uber partners with India's ONDC, exploring bus & metro bookings. A move to win users, compete locally & promote public transport. Sparse details revealed.Uber is exploring offerings such as intercity bus and metro rail ticket bookings in India as part of a partnership with a government backed e-commerce initiative, a source told Reuters on Thursday.CEO Dara Khosrowshahi was in India’s…

Uber Technologies Inc. wants to quicken an expansion into the cheaper but potentially larger market for two- and three-wheeled rides in India, extending a long-running rivalry with local provider Ola.Chief Executive Officer Dara Khosrowshahi on Thursday talked about how Uber was trying out services from scooters to motorbikes in what he called his “toughest market,” providing a model for expansion in other countries. The CEO also broached the idea of bus services during an onstage conversation in Bangalore with Nandan…

Ride-hailing platform Uber inked a memorandum of understanding (MoU) on Thursday with the government-backed Open Network for Digital Commerce (ONDC) to explore integration with the network to expand its range of mobility offerings.The MoU comes during the India visit of Uber’s global CEO Dara Khosrowshahi.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT Technology Leadership and InnovationVisitIndian School of BusinessISB Product ManagementVisitIIM LucknowIIML Executive Programme…

Tata Sons has allocated over USD 2 billion to Tata Neu. Tata Digital pegs installs at 60 million and NeuPass members at 75 million.The Tata Group has initiated discussions with Uber Technologies to forge a strategic partnership with an aim to bump up traffic volumes and engagement on Tata's digital platform, said people with knowledge of the matter. The collaboration could entail integrating Uber's services as an ‘anchor app’ within that ecosystem. Tata Neu, positioned as…