Delhi NCR among top 10 global trips market: Uber
Ride hailing platform Uber on Monday said Delhi NCR ranked amongst its top 10 markets globally based on the number of trips taken in the month of September
Ride hailing platform Uber on Monday said Delhi NCR ranked amongst its top 10 markets globally based on the number of trips taken in the month of September.
Delhi is the only Indian city to have made it to the top 10, highlighting its strategic importance in Uber's global portfolio, with residents taking more than one million rides each week, a statement said.
"As Delhi residents resume travel after the lengthy lockdown, Uber data reveals that cars have emerged as the most preferred mode of commuting, followed closely by low cost products such as Auto and Moto," it added.
There has also been an increase in longer distance trips, with the busiest hours weekly being 8AM - 10AM. Also, Mondays and Fridays are the busiest days of the week for drivers, the statement said.
A nationwide lockdown was imposed at the end of March by the government, and like many other businesses, cab companies like Uber and Ola saw a major impact on their business. With the lockdown being lifted in phases, these cab aggregators have seen gradual resumption in business.
"We are thrilled to see Delhi as one of Uber's top 10 global markets in terms of number of trips in the month of September, which underscores India's important role as a contributor to Uber's business growth. As people start travelling again, we are seeing green shoots of recovery in the capital which further underscores the promising potential of Delhi and India," Uber India and South Asia President Prabhjeet Singh said.
See Zee Business Live TV Streaming Below:
Earlier this month, Uber had said its affordable Uber Auto service was recovering briskly with cities like Delhi rebounding to almost 80 per cent of pre-COVID levels, followed by Jaipur and Chandigarh recovering to 50 per cent.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Fundamental picks by brokerage: These 3 largecap, 2 midcap stocks can give up to 28% return - Check targets
SBI Senior Citizen Latest FD Rates: What senior citizens can get on Rs 7 lakh, Rs 14 lakh, and Rs 21 lakh investments in Amrit Vrishti, 1-, 3-, and 5-year fixed deposits
Tamil Nadu Weather Alert: Chennai may receive heavy rains; IMD issues yellow & orange alerts in these districts
SIP+SWP: Rs 10,000 monthly SIP for 20 years, Rs 25 lakh lump sum investment, then Rs 2.15 lakh monthly income for 25 years; see expert calculations
Top 7 Mutual Funds With Highest Returns in 10 Years: Rs 10 lakh investment in No 1 scheme has turned into Rs 79,46,160 in 10 years
SIP vs PPF: How much corpus you can build in 15 years by investing Rs 1.5 lakh per year? Understand through calculations
Retirement Planning: Investment Rs 20 lakh, retirement corpus goal Rs 3.40 crore; know how you can achieve it
02:03 PM IST