Worldwide cosmetic retailer, L’Oreal, is seeking to expand its current product offerings by acquiring Indian-based cosmetic and skincare companies. India’s beauty and skincare market has seen tremendous growth over the past five years. Over the next four years, India’s skincare product market is expected to grow at a rate of 10.4%...
Growing 40 Percent Month-on-Month, Uber Invests $1 Billion in India
Uber has announced a $1 billion investment for the Indian market for the next nine months. Head of Uber India, Amit Jain, said the investment will be used to improve operations and establish a better customer support network, reports The Washington Post. Uber hopes to hit 1 million rides per...
California's Uber to Invest $1 Billion in India
Uber will spend $1 billion over the next nine months to expand its presence in India, which is one of its biggest global markets. The company currently operates in 18 cities in India and offers services unique to the market, such as UberGO (on-demand hatchback vehicles) and UberAUTO (which supports...