Uber CEO targets affordable rides in challenging Indian market
Uber Technologies Inc. is looking to accelerate its growth in the affordable and potentially more lucrative market for two- and three-wheeled rides in India, intensifying its ongoing competition with local provider Ola. CEO Dara Khosrowshahi spoke Thursday of how Uber was trialling services from scooters to motorcycles in his “toughest markets,” providing a model for expansion in other countries. The CEO also introduced the idea of bus services in a panel discussion in Bangalore with Nandan Nilekani, the billionaire founder and chairman of IT services company Infosys Ltd. Khosrowshahi is…
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