Uber's Barney Harford, who took his position of COO in the company in January this year, is on his four-day maiden trip to India. During his trip, which comes after two months of CEO Dara Khosrowshahi's maiden trip in February, Harford spoke about Uber's plans and investments for India, and how the country is key to Uber’s performance in the coming years, as reported by various media publications. We curated key takeaways from what Harford spoke from the different reports (sources: Reuters, Business Today, PTI etc) Read on. On Investment The company will be doubling its investment in India and will infuse in funds of an undisclosed amount to expand its products, partnerships and employee base in the country. Uber’s success is hardcoded to India’s success, and it is doubling its investments in this country like never before. Uber's CEO recently said that India is among the top three markets (US and Latin America being the other two) for Uber and it accounts for 10% of all trips globally. He also added that Uber has over 300,000 active drivers and we currently do over 10 million weekly trips in India. On Ola merger and minority stake deal in India Uber has clear strengths in the Indian market and that it see a huge potential in the market. Uber is apparently not interested in doing any minority deals going forward as its commitment to the Indian market is immense. This comment comes on the back of Uber's recent deal of selling its South East Asian business to regional rival Grab. As…
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