According to a report by Trucaller, that Ola, the $5 billion valued taxi on-demand service twice as large as Uber in India.
Of the 684 million phone users in India, 205 million smartphone users are now changing the way cabs are the booked while ‘on the move’ in India, and we are analyzing that trend to share some exciting TrueInsights on how you call-a-cab in India.
In a report mentioned that when it comes to call traffic for the new wave of ride-sharing, app-based services like Ola Cabs is the undisputed leaders by numbers of calls.
Ola Cabs made a whopping 42.5 million calls to its users, while 59.5 million calls were made by users – which accounted for 102 million calls between Ola Cabs and its users. Uber users received 13.6 million calls from the company and called the company 25.4 million times – which totaled 39 million calls.
The widely used method of getting a cab on the street, or calling a local cab vendor still accounts for the majority of the revenue in the taxi industry (valued at USD 9 billion/INR 59,720 crores). However, booking cabs through cab aggregator service apps are increasingly getting popular in India (5% of the industry).
From January 1st to April 17th, Indian smartphone owners made and received 2.49 billion calls to some sort of cab or car service. Here’s how it looked for the cab aggregator service.
The data was analyzed from incoming and outgoing calls tagged as taxi services in India during the period of January 1, 2016 to April 17, 2016.