Ola & Uber Fares Rose up by 15% in Last One Year
With the increasing demand of Ola and Uber these days, an average ride cost on Ola and Uber is up by 15% over the last one year. This has been presented as per estimates by research & advisory firm RedSeer. The company said this comes on top of a 10% increase in 2017.
However, the figures that have been stated are a national average, and the actual changes may be different for different cities. The report did not provide the city-wise figures as Bengaluru users have reported significantly higher increases.
According to the reports, the average cost per ride on these cab-hailing apps has risen to Rs 220, compared to around Rs 190 last year. Also, the incentives for drivers, which was used for several years to attract drivers to meet rising demand, saw a drop of over 30% in the las...