Uber

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,…

Dara Khosrowshahi, who took over as the chief executive of Uber Technologies in 2017 when the San Francisco-based mobility company was traversing its most controversial period, is now being hailed as tech’s newest turnaround chief. The Iran-born executive, who replaced Uber’s go-for-broke founder Travis Kalanick, has steered the company to profitability in a business which most experts thought would never make money. In a wide-ranging interview with ET’s Pranav Mukul, Samidha Sharma and Surabhi Agarwal, Khosrowshahi, who…

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…

Uber has signed a memorandum of understanding with an Indian government-supported program that aims to make transportation and business more accessible across the South Asian region. The ride-hailing giant said Thursday that it will explore an integration with the network to expand the range of its mobility offerings on the Uber app. This is a developing story. Check back for updates. Uber has signed a memorandum of understanding with an Indian…

Following its autonomous food delivery launch in Miami and Fairfax, Virginia, Uber Eats will soon be offering the same robotic service in Japan — its first outside the US. It is once again collaborating with Google alum startup Cartken, with local compliance help from Mitsubishi Electric, to bring a fleet of Model C sidewalk delivery robots to select areas in Tokyo in March. Uber Eats Japan CEO Shintaro Nakagawa says the autonomous delivery service will solve the local labor shortage issue, while complementing the…

Uber, along with partners Mitsubishi Electric and autonomous robotics startup Cartken, are launching a service in Japan that will use self-driving sidewalk robots to deliver food to customers. The companies announced that the service offered through the Uber Eats app will launch in a select part of Tokyo by the end of March. An Uber spokesperson said operating hours would be disclosed closer to the launch date. Uber and Cartken, a startup founded in 2019 by former Google engineers behind the…

Salt-to-steel conglomerate Tata Group's ambitious project of being the sole leader of the super app race by investing over $2 billion has been marred with leadership issues, stagnation in user growth and low customer engagement. In a bid to revive its position, Tata Group’s digital arm has initiated conversations with Uber for a strategic partnership to increase traffic and revenue, ET has reported recently. Dara Khosrowshahi of Uber Technologies and N. Chandrasekaran of Tata engaged in talks during a meeting in Davos…

Since its inception, Neu, offering electronics, groceries, and e-pharmacy services, has struggled to establish strong consumer loyalty. Salt-to-steel conglomerate Tata Group's ambitious project of being the sole leader of the super app race by investing over USD 2 billion has been marred with leadership issues, stagnation in user growth and low customer engagement. In a bid to revive its position, Tata Group’s digital arm has initiated conversations with Uber for a…