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Local On-Demand

Uber, Lifting Financial Veil, Says Sales Growth Outpaces Losses – Bloomberg

Based on these numbers, Uber took an average of 32.5 percent of revenue for each ride. Much more than the 20 percent they tout to drivers. The ride-hailing giant more than doubled gross bookings in 2016 to $20 billion, according to financial information Uber shared with Bloomberg. Net revenue was $6.5 billion, while adjusted net […]

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Local On-Demand

Google’s Aero takes flight in India: On-demand household services

Google launches Areo, a food delivery & home services app for IndiaGoogle seems to have silently launched a new food delivery and home services aggregator called Areo for the India market. The app is available as a free download on the Google Play store and is currently operational in Bengaluru and Mumbai. Areo aggregates food […]