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Stock impact report

India's BluSmart is testing its ride-hailing service in Dubai [TechCrunch]

Uber Technologies, Inc. (UBER) 
Last uber technologies, inc. earnings: 2/6 04:05 pm Check Earnings Report
Company Research Source: TechCrunch
The move to Dubai, which has been rumored for months, could help counter the likes of Careem, Uber and Hala in the United Arab Emirates' most populous city. The Gurugram-based startup quietly enabled the new Dubai service through its app earlier this week and has created a separate sub-domain for Dubai on its website. BluSmart co-founder Anmol Jaggi confirmed to TechCrunch that the pilot started Tuesday with 100 Audi E-Tron SUVs and 130 drivers in the city. The formal launch will be in early June, he said. BluSmart started planning its debut in Dubai in early 2023, people familiar with the matter told TechCrunch. When contacted in late March last year, BluSmart CBO Tushar Garg refuted the development. However, its co-founder Punit Goyal said in an interview with a local media outlet later in the year that the startup was launching in Abu Dhabi and Dubai between November and December. Without disclosing a specific timeline, Jaggi told TechCrunch that the Abu Dhabi launch will be Show less Read more
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