NEW DELHI: Uber's decision to exit South-East Asia, where it was bleeding money, should give the global ride-hailing giant more firepower to focus on India, where it's locked in a fierce battle with local rival, Ola, industry analysts say.
With Uber considering a public offering in 2019, it would make sense for the company to pitch India's growth potential to investors, said one industry source, adding it also needs to balance that by showing profitability.
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