x

Uber rejects report that said it explored sale of India business

Shortpedia

Content Team
Image Credit: naijaonpoint

Cab aggregator Uber Technologies reportedly explored options for its Indian business, including a sale. However, the discussions came to an end after valuation of tech startups collapsed. After realising its limited potential to improve its business profitably in the country, Uber explored alternatives and eventually reached out to several interested parties, Bloomberg reported.