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Parameswaran will be responsible for leading the rides operation as the preferred
mobility platform for riders and drivers across India and South Asia.
Jain, who led Uber’s Indian operations for about three years, will now be responsible
for APAC region, which will include Australia, New Zealand, and North Asia, in
addition to India and South Asia.
Parameswaran said, “India is a critical global market that faces tough and exciting
mobility challenges...I am privileged to have the chance to shape a better future for
our next generation - one with lesser pollution, lower congestion, more space for
parks and lesser for parking“
South Asia, including India, is an important market for Uber. The company, which
competes with homegrown firm Ola in India, has stated that it will continue to invest
in the country as it looks to grow business in the incredibly important and core
market by up to 10 times in a decade.
Prior to Uber, he has worked with companies like Den Network, Hindustan
Lever, McKinsey & Co. He is also an angel investor in Indian startups and
had been an advisor to technology startups in Cloud, Gaming, Remote
healthcare and enterprise software. Pradeep has studied engineering from
Bombay University and holds a degree of MBA.
https://economictimes.indiatimes.com/topic/Uber-India
https://www.uber.com/en-IN/newsroom/uber-bcg-study-need-ridesharing-india-now-
ever/
https://www.uber.com/en-IN/newsroom/uber-in-the-economy/
https://en.wikipedia.org/wiki/Uber_protests_and_legal_actions
https://www.independent.co.uk/travel/news-and-advice/uber-ban-countries-where-
world-taxi-app-europe-taxi-us-states-china-asia-legal-a7707436.html
https://www.telegraph.co.uk/travel/news/where-is-uber-banned/
Greyball
The Advantages of IPOs - Initial Public Offering (IPO) is the first sale of
stock by a company.
High pay-out
Buzz – Increased public awareness
Less Scandals
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