Uber facilitated 14 million rides a week in India last year, the American ride-hailing firm said as it claimed the tentpole position in the key overseas market. In a report (PDF) published on the sidelines of its quarterly earnings Thursday afternoon , Uber said that it commanded over 50% of the ride-hailing market in India — among some other regions — and was the category leader. The publicly listed company cited its internal estimations for the claim, it said. In comparison, Uber handled 11 million rides a week in India in 2018, a spokesperson told TechCrunch. The revelation is especially interesting, since both Uber and its chief local rival Ola have tended to avoid talks about the number of rides they serve in India. In a 2018 blog post , Ola revealed that its platform “moves over two million people every day.” A spokesperson for the Indian startup, which like Uber counts SoftBank as an investor, declined to reveal the new figures, but issued a statement in which it ...
Starbucks is the latest franchise to get on the fake-meat bandwagon, according to an announcement from the company on Thursday. The coffee chain will source its plant-based meat from Beyond Meat, the same company supplying meat-free patties to McDonald’s and select other restaurants. Starbucks will first offer its plant-based food items in Canada starting later this spring season. Plant-based meat … Continue reading
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