Uber Rapido Merger Talks Unravel Over Control Row
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Economic TimesVerified Publisher
Uber and Rapido held discussions in May to combine their India ride-hailing operations. That could have reshaped the country s mobility market, but the talks fell apart after the two companies differed over the structure of the proposed deal, people familiar w Uber and Rapido held discussions in May to combine their India ride-hailing operations. That could have reshaped the country s mobility market, but the talks fell apart after the two companies...
Uber and Rapido held discussions in May to combine their India ride-hailing operations. That could have reshaped the country’s mobility market, but the talks fell apart after the two companies differed over the structure of the proposed deal, people familiar with the matter told ET. The discussions took place during Uber CEO Dara Khosrowshahi’s India visit, when the US mobility giant proposed bringing the two operations together and letting the