Uber India Witnessed Bumper Growth in Revenue & Net profit in FY18

Uber’s India business is steadily consolidating its performance as has been revealed by its latest filing, which was accessed by business intelligence platform Tofler. As per the filing, the revenue of Uber India - Uber India Technology – grew by 19.67% to touch $3.05 Mn (INR 21.5 Cr) in the financial year ending March 2018.…

ByGirish ShettiJanuary 3, 20190Comments

Uber finally Inches Closer to the IPO Milestone: Sources

Uber Technologies Inc has filed paperwork for its highly anticipated initial public offering, as per three people aware of the matter. If this report is indeed true then this will go down as an important milestone for one of the most followed and reputed global startups. The ride-hailing giant filed the confidential paperwork on Thursday, according…

ByGirish ShettiDecember 10, 20180Comments

Lyft Beats Big Brother Uber in the IPO Race

Lyft pulled off a major surprise on Thursday as it filed for an IPO draft with the U.S. Securities and Exchange Commission (SEC), according to a press release issued by the company. Lyft didn’t disclose the exact timing of its IPO, but news agency Reuters claim that the IPO may hit the market during first…

ByGirish ShettiDecember 7, 20180Comments

Best Choice for Creatives