Bigger India

Uber’s India Business Has Topped $1.6 Billion In Annualized Bookings, According To Internal Email

In an email to executives including CEO Dara Khosrowshahi, Uber India head Pradeep Parameswaran said the company doubled its engineering team in the country as of the third quarter.

Uber has been selling off its local businesses in big emerging markets like China and Southeast Asia. But the company’s India unit isn’t going anywhere.

In an email obtained by CNBC, Uber’s India head Pradeep Parameswaran told company executives, including CEO Dara Khosrowshahi and CFO Nelson Chai, that Uber India reached an annualized bookings rate of $1.64 billion in the third quarter.

Read it at CNBC

Leave a Reply

Your email address will not be published. Required fields are marked *