It has never explored exiting India, a key overseas market for several tech giants, according to the company.
It was reported earlier in the day that the firm had considered selling the India business.
The news outlet's report was categorically false.
We haven't explored leaving India for a long time. Nine years ago, when we launched, India was as important to us as it is now. We are serving riders and drivers in more than 100 cities and hiring Indian talent aggressively.
The shares of many tech firms have tanked in recent quarters, and they compete with one another. The tentpole position in the country is claimed by bothUber and the Bengaluru-headquartered startup.
In recent years, the focus of the company has been on manufacturing and selling electric cars.
The company's chief executive told employees last month that they are focused on profitability. A person familiar with the matter said that the India unit of the firm was sold to Zomato.
A spokesman for the ride-sharing company did not respond to a request for comment.
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