This was said after Uber racked up losses of USD 125 million to USD 200 million each quarter for the past 18 months.
US-based ride hailing platform Uber on Monday said it is working with various government agencies to offer its 'Movement' tool in India to offer traffic-related insights for cities like Delhi, Mumbai and Bengaluru.
Investors have told Uber Technologies Inc it would be wise to sell off its self-driving car unit after it racked up losses of USD 125 million to USD 200 million each quarter for the past 18 months, tech news site The Information reported on Wednesday, citing an unnamed person familiar with the issue.
Uber did not immediately respond to a Reuters request for comment.
Uber is due to release its second-quarter earnings to investors later on Wednesday.
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( Source : reuters )
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