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Growing 40 Percent Month-on-Month, Uber Invests $1 Billion in India

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 day and expand its services beyond the 18 cities in India where it already operates. This move will make India the largest geographic market for Uber.

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