The shutdown affects 250-300 buses in Mumbai and 150-200 in Hyderabad. Uber Shuttle services were launched in Mumbai in September 2021, while the Hyderabad operations were rolled out early this year.

“Our renewed partnership with the GSA will help government agencies simplify their travel and transportation needs,” said Uber President and Chief Operating Officer Andrew Macdonald. “We’re paving the way for a future where integrated mobility, meal delivery, and fleet management can help transform the full range of government services.”

Uber Shuttle, which has been operating as a “pilot” in Mumbai, offered premium shared travel for office-goers across over 100 routes using nearly 500 buses. The service connected residential hubs such as Panvel,

GSA's rideshare blanket purchase agreement with Uber is part of the agency's OneGov strategy, which seeks to centralize government procurement.

Uber's stock has been on a tear in 2025. Shares are up over 55% through July 3. Even so, as the chart shows, Uber's P/E ratio is at a low level compared to where it was a year ago, and it's far below Tesla's lofty earnings multiple as well.