• Latest
  • Trending
Uber bus service may start in India as a part of company’s growth strategy

Uber bus service may start in India as a part of company’s growth strategy

August 7, 2019

Modi Govt’s Judo Technique Pays Off In Electoral Bonds

March 31, 2021

Electoral Bonds: Supreme Court Has Evaded The Real Issue

March 31, 2021
ADVERTISEMENT

Risks Of India Going From Bad To Worse Due To New Covid-19 Wave

March 31, 2021

Protecting The Vulnerable At The Time Of Pandemic Is Imperative

March 31, 2021

Mamata Has Sent A Strong Message To BJP By Contesting From Nandigram

March 31, 2021

Sumitra Mahajan Was A Woman Parliamentarian For The Longest Term

March 31, 2021

Return Of Lula Into Active Politics Has Changed Narrative In Brazil

March 31, 2021

Remembering Dr. Norman Bethune – The Father Of Public Health Care

March 31, 2021

Time To Provide Reasonable Social Security To All Citizens

March 30, 2021

New Fiscal To Begin With Stronger Labour Movement

March 30, 2021

The Western Concern About Indian Democracy Is Not Unwarranted

March 30, 2021

For The Indian Communists, All Hopes Of Resurgence Rest On Kerala Result

March 30, 2021
ADVERTISEMENT
  • Setup menu at Appearance » Menus and assign menu to Top Bar Navigation
Thursday, April 1, 2021
No Result
View All Result
IPA Newspack
  • Setup menu at Appearance » Menus and assign menu to Main Navigation
  • Setup menu at Appearance » Menus and assign menu to Main Navigation
No Result
View All Result
IPA Newspack
No Result
View All Result
ADVERTISEMENT

Uber bus service may start in India as a part of company’s growth strategy

IPA Staff by IPA Staff
August 7, 2019
in Uncategorized
3 min read
0
Uber bus service may start in India as a part of company’s growth strategy
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

The San Francisco-based ride-hailing company, Uber, recently launched its IPO. Now, the company is mulling to experiment with bus service in India. Uber bus service will offer mass transport for value-conscious users. The move will also work as the company’s growth strategy in the country.

“We are in the process of building the product and refining that. There are pilots that are live in parts of Latin America and Middle East. So they are the archetype of markets that would look like India,” Pradeep Parameswaran, Uber India and South Asia head told Moneycontrol in an interaction.

Uber bus service detailed

India won’t be the testbed for Uber bus service as the company is already running trials in Cairo, Egypt since October. Just like booking a cab, the Uber bus service will allow users to use the Uber app and reserve their seat in an air-conditioned bus. Uber will scan other passengers traveling in the same direction as the rider, does allowing to reach the destination with fewer stops.

“I am hoping that in India we will be out in the next 12 months or so. Fundamentally we can say that buses play an important part of pubic transport. Every version of a well-performing transit solution will require buses,” Parameswaran added.

Where Ola failed, can Uber succeed?

Uber won’t be the first ride-hailing company to launch bus service in India. Uber rival, Ola had introduced a similar concept via Ola Shuttle in 2015. However, after scaling across multiple cities, the company wrapped up the business in 2018. The company said that it wanted to focus on emerging categories such as Ola share, auto, electric vehicles and more.

With the new strategy, Uber wants to use the bus service to help gain traction among the masses. In fact, the company has stopped describing itself as a car company since a year.

“Uber has not found its product-market fit in India yet which means that the number of people who can afford air-conditioned cars on an everyday basis, two times is somewhat a limited market,” said Parameswaran.

“Now as the economy grows and the per capita income grows, that segment is growing quite fast. Our ambition is to get reliable transportation to all. And I am very pumped about the work that we have started to do with two-wheelers, three-wheelers, our global plans around buses, things that actually make a difference to a much larger group of people,” he added.



ADVERTISEMENT


via BGR

RelatedArticles

Modi Govt’s Judo Technique Pays Off In Electoral Bonds

Electoral Bonds: Supreme Court Has Evaded The Real Issue

Risks Of India Going From Bad To Worse Due To New Covid-19 Wave

ADVERTISEMENT
Previous Post

After August 6, India Is Pitted Against Kashmir

Next Post

OnePlus TV leak hints at an imminent launch: Expected features

IPA Staff

IPA Staff

Related Posts

IPA Service

Modi Govt’s Judo Technique Pays Off In Electoral Bonds

by ipaadmin
March 31, 2021
IPA Service

Electoral Bonds: Supreme Court Has Evaded The Real Issue

by ipaadmin
March 31, 2021
IPA Service

Risks Of India Going From Bad To Worse Due To New Covid-19 Wave

by ipaadmin
March 31, 2021
IPA Service

Protecting The Vulnerable At The Time Of Pandemic Is Imperative

by ipaadmin
March 31, 2021
IPA Service

Mamata Has Sent A Strong Message To BJP By Contesting From Nandigram

by ipaadmin
March 31, 2021
IPA Service

Sumitra Mahajan Was A Woman Parliamentarian For The Longest Term

by ipaadmin
March 31, 2021
Load More
Next Post
OnePlus TV leak hints at an imminent launch: Expected features

OnePlus TV leak hints at an imminent launch: Expected features

Leave a Reply Cancel reply

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

I agree to the Terms & Conditions and Privacy Policy.

Advertisement

ADVERTISEMENT

Recommended

Opposition Has No Choice But To Unite Against Modi

3 years ago

Russia Plans More Deliveries To India In 2012

9 years ago
Load More
ADVERTISEMENT

Contact

India Press Agency D-34, Basement, Gulmohar Park, Delhi - 110049 Gautam Nagar, New Delhi
ADVERTISEMENT
ADVERTISEMENT

About Us

IPA Newspack

IPA Intelligence Unit is a specialist service of India Press Agency (IPA), one of the oldest news agencies of India.

  • Setup menu at Appearance » Menus and assign menu to Footer Navigation

© 2020 India Press Agency - Latest Breaking news and Opinion IPA Media Group | Arabian Post

No Result
View All Result

© 2020 India Press Agency - Latest Breaking news and Opinion IPA Media Group | Arabian Post

Login to your account below

Forgotten Password?

Fill the forms bellow to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In