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Uber to invest $50 million in Hyderabad

Chalanachithram.com DB » New TF Industry Related » Archive through July 07, 2015 » Uber to invest $50 million in Hyderabad « Previous Next »

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Sp1234
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Posted on Monday, July 06, 2015 - 01:34 pm:       

The proposed investment comes as the company faces regulatory uncertainty in the city. Uber isn’t currently authorized to operate its ride-hailing app in Hyderabad, said B. Venkateswarlu, a joint commissioner at Telangana’s transport department.

with this deal, uber will be allowed to operate in hyd
Pittala Dhora - Uthara Kumarudu Combo Telugu prajalani kaluputhunda, next states merger?
 

Sp1234
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Posted on Monday, July 06, 2015 - 01:33 pm:       

A spokesman for Uber said the facility would function as a “helpdesk” for the company.

The investment in the capital of India’s newest state Telangana will create “thousands of jobs and entrepreneurship opportunities,” Uber said in a statement Monday.

http://www.wsj.com/articles/uber-to-invest-50-million-in-hyd erabad-despite-roadblocks-in-india-1436177006
Pittala Dhora - Uthara Kumarudu Combo Telugu prajalani kaluputhunda, next states merger?
 

Rajusk
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Posted on Monday, July 06, 2015 - 01:21 pm:       


Wellsfargo:

Uber ki 5 years life unda???




teliyadu rao garu.

anduke mamla garam unnappude..T govt tho setting vesi..Real estate anna grab sesthe..mundu mundu adi panikivastundi..ani plan emo..

so aa $50 million anedi..vadiki 5 years tharuvatha vache land price emo ..when he is ready to sell :D
 

Wellsfargo
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Posted on Monday, July 06, 2015 - 01:18 pm:       


Rajusk:

Taxi-hailing app Uber will invest $50 million in Hyderabad over the next five years to establish a facility that will house hundreds of its employees and would be its biggest international office.




Uber ki 5 years life unda???
 

Rajusk
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Posted on Monday, July 06, 2015 - 01:17 pm:       


Filmbuff:

Yes obviously, opex ki capex ki confusion. Why would Uber invest in offices, they have hardly 20-30 people in each city and each city operates as a mini P&L in itself.

There are apparently quite a few IT and BPO workers who are even driving UBER cabs in their part time. They get Rs300 per trip in Delhi during peak times and Rs125 in non-peak times. This is besides what they get as customer fare. Roju oka 5 trips vesthe







Taxi-hailing app Uber will invest $50 million in Hyderabad over the next five years to establish a facility that will house hundreds of its employees and would be its biggest international office.
 

Wellsfargo
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Posted on Monday, July 06, 2015 - 12:58 pm:       


Rajusk:

ante drivers ki isthunna money ni Investment ani septhunnara?

that is how I understood your statement




adey correct. In fact the same is happening in online shopping sites too..
 

Suyodhan
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Posted on Monday, July 06, 2015 - 12:17 pm:       

deenni ban chesaaru kada.
 

Filmbuff
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Posted on Monday, July 06, 2015 - 12:09 pm:       


Rajusk:

ante drivers ki isthunna money ni Investment ani septhunnara?




Yes obviously, opex ki capex ki confusion. Why would Uber invest in offices, they have hardly 20-30 people in each city and each city operates as a mini P&L in itself.

There are apparently quite a few IT and BPO workers who are even driving UBER cabs in their part time. They get Rs300 per trip in Delhi during peak times and Rs125 in non-peak times. This is besides what they get as customer fare. Roju oka 5 trips vesthe, nela ki 60- 70 k easy ga earn cheyachchu.
 

Andhrawala
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Posted on Monday, July 06, 2015 - 12:06 pm:       

Monna India trip lo max used Ola cabs for commute within the city.

Mini Cab theeukuntee price is comparable to auto (sometimes less too) and also can go comfortable in AC without dust etc and more peopel can goo.

Ilaa continue aothe public wi;l be benifitted and auto willbe extinct in few years


autos vaalu too much sesthaaru. no one want to come on meter eps if the distance is too near. so if have time then Cabs are best and Ola rocks annocchuu
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Rajusk
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Posted on Monday, July 06, 2015 - 12:01 pm:       


Wellsfargo:

veella investments ento telusa. taxi driver ki KM ki 18Rs aithe customer deggara 7Rs charge chesi, migilina 11 rs taxi driver ki isthunnaru. sollu investments ivi... 50 million panchi pettadame..




ante drivers ki isthunna money ni Investment ani septhunnara?

that is how I understood your statement
 

Wellsfargo
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Posted on Monday, July 06, 2015 - 11:04 am:       


Royyala_nayudu:

List with details pettandi guruvugaru




3000 mandi perlu ikkada pettala?
 

Timepass
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Posted on Monday, July 06, 2015 - 11:02 am:       

Good stuff...Auto vallu IT valla la technology ki adopt aithe sare sare lekapothe blackberry company la down aitaru...andaru uber trainings teeskondi....deenamma meter eyyakunda demand chestara...mee papam pandindi
 

Asdf
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Posted on Monday, July 06, 2015 - 10:55 am:       


Wellsfargo:

. sollu investments ivi... 50 million panchi pettadame... ola aina uber aina...




so amazon/walmart laga competition kill chestunnaara firstu?
 

Boston_baba
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Posted on Monday, July 06, 2015 - 10:13 am:       


Sesani:

Friends cheptunna prakaram 25-30 per month income undi in Uber...




delhi lo uber cab driver earning 90K per month.. yes 90k.

every trip ki manam iche money and additional 300 to driver... investors pouring money.

once market share fix ayyaka, real prices will go up.
http://www.thehindu.com/todays-paper/tp-national/tp-andhrapradesh/tdp-claims-denied-by-its-own-budget/article6336996.ece
http://www.newindianexpress.com/states/andhra_pradesh/article41814.ece
1991- AP debt 22% of GSDP, 2004 - 34% of GSDP, 2014 - 22% of GSDP.
 

Royyala_nayudu
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Posted on Monday, July 06, 2015 - 10:13 am:       


Wellsfargo:


Neeku telusa? aa fb group lo nenu unna. 3000+ people unnaru villages ni adopt chesukunnollu


List with details pettandi guruvugaru
 

Wellsfargo
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Posted on Monday, July 06, 2015 - 10:11 am:       


Rajusk:

Biggest office outside United States coming up in Hyderabad




Picchi naa dash gallu. veella investments ento telusa. taxi driver ki KM ki 18Rs aithe customer deggara 7Rs charge chesi, migilina 11 rs taxi driver ki isthunnaru. sollu investments ivi... 50 million panchi pettadame... ola aina uber aina...
 

Wellsfargo
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Posted on Monday, July 06, 2015 - 10:08 am:       


Royyala_nayudu:

Lokesh babu goru monna USA ochinappudu chala mandhini kalisinattunaru? Emayindhi? 2400 Villages annaru NRI's annaru, villages list ledhu, NRI's list ledhu. Salim Lokesh Feku goru




Neeku telusa? aa fb group lo nenu unna. 3000+ people unnaru villages ni adopt chesukunnollu
 

Sesani
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Posted on Monday, July 06, 2015 - 10:01 am:       


Boston_baba:

this is honeymoon period. reality is yet to strike.


like?? Of course market over crowded aithe overall ga impact untadi and no denying that...

Friends cheptunna prakaram 25-30 per month income undi in Uber...
 

Royyala_nayudu
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Posted on Monday, July 06, 2015 - 09:40 am:       


Man_of_masses:

Uber India �@Uber_India 51m51 minutes ago
We are proud to announce our partnership with @MinIT_Telangana towards a shared vision of empowerment and innovation


Lokesh babu goru monna USA ochinappudu chala mandhini kalisinattunaru? Emayindhi? 2400 Villages annaru NRI's annaru, villages list ledhu, NRI's list ledhu. Salim Lokesh Feku goru
 

Boston_baba
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Posted on Monday, July 06, 2015 - 09:38 am:       


Redbull:

taxi s are rocking in india especially app based booking so cool in metros




this is honeymoon period. reality is yet to strike.
http://www.thehindu.com/todays-paper/tp-national/tp-andhrapradesh/tdp-claims-denied-by-its-own-budget/article6336996.ece
http://www.newindianexpress.com/states/andhra_pradesh/article41814.ece
1991- AP debt 22% of GSDP, 2004 - 34% of GSDP, 2014 - 22% of GSDP.
 

Boston_baba
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Posted on Monday, July 06, 2015 - 09:37 am:       


Man_of_masses:

http://www.dnaindia.com/money/report-uber-to-invest-50-milli on-in-hyderabad-set-up-biggest-global-office-2102193



"Uber will collaborate with the Telangana Academy for Skills and Knowledge (TASK) to identify and train over 2,000 candidate by the end of 2016 who will then drive on the Uber platform," the statement further said.
http://www.thehindu.com/todays-paper/tp-national/tp-andhrapradesh/tdp-claims-denied-by-its-own-budget/article6336996.ece
http://www.newindianexpress.com/states/andhra_pradesh/article41814.ece
1991- AP debt 22% of GSDP, 2004 - 34% of GSDP, 2014 - 22% of GSDP.
 

Redbull
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Posted on Monday, July 06, 2015 - 08:45 am:       

taxi s are rocking in india especially app based booking so cool in metros
 

Bezawada
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Posted on Monday, July 06, 2015 - 08:44 am:       

monna ma frnd okadu indhulo taxi book chesadu kphb nundi himayathnagar ki 200 lope ayindhi tht too with ac.. naaku taagindhi digipoyindhi
 

Man_of_masses
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Posted on Monday, July 06, 2015 - 08:41 am:       

Uber India ‏@Uber_India 51m51 minutes ago
We are proud to announce our partnership with @MinIT_Telangana towards a shared vision of empowerment and innovation
Success Doesn't Guarantee Happiness..
http://i42.tinypic.com/54g1g2.png
 

Man_of_masses
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Posted on Monday, July 06, 2015 - 08:40 am:       

http://www.dnaindia.com/money/report-uber-to-invest-50-milli on-in-hyderabad-set-up-biggest-global-office-2102193
Success Doesn't Guarantee Happiness..
http://i42.tinypic.com/54g1g2.png
 

Rajusk
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Posted on Monday, July 06, 2015 - 08:39 am:       

Biggest office outside United States coming up in Hyderabad

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