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Uber India reports 41% revenue jump in 2024, with losses falling 71%, amid market expansion efforts.
Uber India saw its operating revenue jump 41% to Rs 3,762 crore in fiscal year 2024, with losses dropping 71% to Rs 89 crore.
Revenue growth was driven by improvements in ride-hailing and support services, though total expenses rose 26% to Rs 3,977 crore, mainly due to higher employee costs.
The company is also exploring an acquisition of local rival BluSmart to enhance its market position.
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Uber India reporta un aumento de ingresos del 41% en 2024, con pérdidas cayendo un 71%, en medio de esfuerzos de expansión del mercado.