March 9th, 2019
NEW DELHI: Ola is in talks with Hyundai Motor Company for investing about USD 300 million in the cab-hailing platform, according to sources.
The discussions are at an advanced stage and a deal could be closed in the next few weeks, sources said.
If the deal goes through, it would be Hyundai's second investment in the Indian...
October 25th, 2018With 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...
September 24th, 2018The two largest ride hailing services in India that are Ola and Uber, are witnessing a sharp slowdown in the growth of rides over the past year. This is the result of their steer toward operational efficiencies, cut customer discounts and driver incentives, and expand into newer verticals such as food delivery. Though the absolute number...
