Uber’s retreat from Southeast Asia makes India, the Middle East and Latin America the next battlegrounds

Uber’s retreat from Southeast Asia makes India, the Middle East and Latin America the next battlegrounds

6 years ago
Anonymous $gIi3-PxxKB

https://www.recode.net/2018/3/26/17164388/ubers-southeast-asia-india-middle-east-latin-america-ride-hail-taxi-service-international

Uber’s path to global dominance was once perceived to be a certainty as it rapidly expanded into new cities around the world, placing special importance on major markets like China, India and Southeast Asia.

Uber’s mission was to bring reliable transportation for everyone, to everywhere. But after it sold its businesses in Russia, China and Southeast Asia to local competitors, “everywhere” has shrunk to the U.S., Europe, parts of Latin America, India and the Middle East.