Uber not leaving India in hurry; country last stand in Asia after Grab deal

With deeper pockets than rival Ola, and with more firepower after the Grab deal, Uber will concentrate on India. If it wins here, the rest of Uber's recent losses will not matter much, say sources

When Uber Technologies CEO Dara Khosrowshahi came to India last month, he assured the country's media that his company was to here to stay not planning to leave anytime soon. Things, however, have changed since, with the US-headquartered cab-aggregating giant selling its Southeast Asian business to Grab, throwing in the towel in its rivalry with China’s Didi Chuxing.

Will it do the same in India, where it competes with home-grown Ola? Sources close to the company do not think so. "For Uber, India is the last major market outside of the US. The company will hold off any talks of