India Uber president to head Asia Pacific operations
Updated : May 28, 2018 04:57 PM IST
India is one of Uber's fastest-growing markets and accounts for 10% of its total rides.
The move comes weeks after Uber sold its business in Southeast Asia to rival Grab Holdings, which gave rise to speculation about talks on a similar merger in the high stakes India market, where it competes with local rival Ola.
Uber and Ola are both backed by a common investor, SoftBank, which pushed behind the scenes for the merger between Uber and Grab.
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more