Khosrowshahi at the Davos, he did not think that the CEO will stay at Uber for long, or that the company would survive for long. Taking to the microblogging website, X (formerly Twitter), the Mahindra Group Chairman said that Uber today is profitable with a market capital of $170 billion and has a disciplined corporate culture. He wrote: “I first met @dkhos in Davos shortly after he had taken the helm at @Uber.
I must confess that I wondered how long he would stay at the company & indeed, how long Uber would survive. Today, the company is solidly profitable, its corporate culture is disciplined and no-frills, & its market cap is around $170B! It was a pleasure to catch up again today with this man with the Midas Touch…" Meanwhile, Billionaire Gautam Adani has hinted at possible future collaborations between his conglomerate and the ride-hailing app. Adani also met Khosrowshahi on Saturday.
Both business leaders appreciated their conversation on the Indian growth story and their vision for the subcontinent. The Uber CEO arrived in India earlier last week. During this time, the ride-sharing platform Uber on February 22 signed a Memorandum of Understanding (MoU) with Open Network for Digital Commerce (ONDC) to explore an integration with the network to expand the range of mobility offerings on the Uber app.
The partnership with ONDC, a non-profit private organisation founded by the Indian government's Department for Promotion of Industry and Internal Trade, is expected to advance Uber's objective of providing all Indians with dependable, safe, and reasonably priced rides. Khosrowshahi also discussed "Building Population Scale Technology" with Infosys Chairman Nandan Nilekani at an event in Bengaluru. In Delhi, he met
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