US EditionWhile Uber is shuttering its buses in India, Rapido is cashing in on bikes
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While Uber is shuttering its buses in India, Rapido is cashing in on bikes
Uber quietly ended its shuttle bus services in Mumbai and Hyderabad this week, citing low demand and rising costs. It's not the first time the company has pulled back in India — food delivery, auto rickshaws in Delhi, and now buses have all faced the axe when they didn’t scale fast enough.In Mumbai alone, Uber is taking 250 to 300 buses off the road. Another 150 to 200 are being pulled from Hyderabad. That’s hundreds of daily routes gone just mo…
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