Uber says Didi Chuxing deal frees resources for key Indian market: Letter


US ride-hailing firm Uber said that the recent deal to fold its China operations into local rival Didi Chuxing would allow it to invest more in India, where it has recorded rapid growth this year, according to a letter to investors obtained by Reuters on Wednesday. Three years after it launched in India, Uber says it now operates in 28 cities and is completing 5.

5 million passenger car trips per week. That compares with just 65,000 per week in January, 2015, and marks an increase of more than threefold from the 1.6 million.....

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