Uber said on Thursday it has never explored exiting India, a key overseas market for several tech giants, dismissing a claim that it has had held discussions to sell the local unit.
Bloomberg reported earlier in the day that the San Francisco-headquartered firm had explored selling the India business, but “suspended discussions after tech startup valuations cratered.”
In a statement, an Uber spokesperson said the news outlet’s reporting was “categorically false.”
“We have never explored exiting India—not even for a minute. India is as important to Uber today
Uber rejects claim that it explored exiting India
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