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 cash payments), reports the Los Angeles Times.
“India is one of Uber’s big priorities, along with China and UberPOOL,” Amit Jain, president of Uber India, said. “With this investment and the strong rate of growth we are seeing, we expect to hit over 1 million trips per day in the next six to nine months,” he added.
