{"id":915516,"date":"2025-03-20T08:18:08","date_gmt":"2025-03-20T02:48:08","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=915516"},"modified":"2025-03-20T08:36:43","modified_gmt":"2025-03-20T03:06:43","slug":"uber-india-cuts-losses-by-71-to-rs-89-crore-in-fy24-revenue-jumps-41","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/03\/20\/uber-india-cuts-losses-by-71-to-rs-89-crore-in-fy24-revenue-jumps-41\/","title":{"rendered":"Uber India cuts losses by 71% to Rs 89 crore in FY24, revenue jumps 41%"},"content":{"rendered":"<p>Uber India Systems Private Limited, a ridesharing, taxi cab, and transportation network company, reported its revenues for the financial year (FY) 2023-24 as Rs 3,860 crore, a 41 per cent jump from the previous financial year, according to the business intelligence platform Tofler. The company further reported a net loss of Rs 89 crore during the same financial year, a 71 per cent decrease from the previous year. The total expenses of the company, which competes with Ola and Rapido, for the fiscal were reported as Rs 3,977 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Uber India Systems Private Limited, a ridesharing, taxi cab, and transportation network company, reported its revenues for the financial year (FY) 2023-24 as Rs 3,860 crore, a 41 per cent jump from the previous financial year, according to the business intelligence platform Tofler. The company further reported a net loss of Rs 89 crore during the same financial year, a 71 per cent decrease from the previous year. The total expenses of the company, which competes with Ola and Rapido, for the fiscal were reported as Rs 3,977 crore.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-915516","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/915516","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=915516"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/915516\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=915516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=915516"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=915516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}