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August 2, 2015 06:00 pm

Uber Invests $1 Billion In Indian Market

New submitter keithlynpitts writes: Uber is looking to expand it's services in India, and will invest $1 billion there in the next nine months. India is the second biggest market for Uber after the U.S.. The company hopes their investment will help speed growth in the country, which is already at a staggering 40% every month. "We expect to hit over 1 million trips per day," said Amit Jain, president at Uber India.

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/Nf9nqAjMMcA/uber-invests-1-billion-in-indian-market

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