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Uber/Lyft E-commerce

Uber Sees Strong Growth in Asia’s Food Delivery Market

Uber Eats’ food deliveries in the Asia-Pacific region have quadrupled in the past half-year, propelled by India, a company executive said.

“We are growing fast everywhere. We are growing exponentially more quickly in India,” Nikki Neuburger, the global head of marketing for Uber’s food delivery business, said Monday in an onstage interview at The Information’s subscriber event in Hong Kong. Also at the event, Chinese entrepreneurs and investors discussed why they preferred the U.S. IPO market to Hong Kong. (See separate article here.)