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UBER AND OLA COMPARISON
GST on subscription ride-hailing platforms like Rapido and Bharat Taxi may hit driver earnings: ReportA new report warns that extending GST to subscription-based ride-hailing platforms like Rapido could significantly impact drivers and passe...- Ola plans $500 million IPO, to appoint banks soonSoftBank-backed Ola is India's answer to Uber and plans to file papers for approval with the country's market regulator within three months...
- Ola sees FY23 loss narrow by 65% to Rs 1,082 croreOLA FY23 Revenue: ANI Technologies also houses Ola’s subsidiaries including Ola Financial, Ola Fleet and Ola Stores. On a consolidated basi...
- Ola Electric gets $250m funding from SoftBankWith 22-24% stake, Japanese conglomerate becomes single largest investor in the EV unit.
- Uber’s India unit brings home 30% more in revenuesUber India Systems, which provides marketing & support services to firm, posted revenues of Rs 533 crore for year ended March 2018.
- India fastest growing market for UberEatsUberEats has grown seven fold in order volume in the past six months in India where it adds over 4,500 delivery partners each week
- Commuters in Delhi may face difficulties as auto, taxi, petrol, CNG stations on strike todayCustomers of cab aggregators like Uber and Ola may also witness long waiting and surge pricing due to shortage of cabs.
- Ola is on the road to Australia; New Zealand too on route mapOla’s rival Uber has been present in Australia since 2015, along with Australian ride hailing competitor GoCatch which is backed by Austral...
- Ola met London transport regulator last year as Uber's rivals muscle in to lure passengersEU’s top court in December ruled Uber must be regulated as a transportation service, a blow to the company’s attempts to avoid taxi rules.
- Taxi aggregator Uber picks up pace narrowing gap with OlaThe taxi aggregator, which recently completed 500 million trips in India after four years in the country, said it achieved 9.4 million trip...
- Uber is no match for auto-mated Ola hereOla's autorickshaw service, started nearly three years ago, contributes about 15% to co's revenue
- Flipkart is as Indian as Infosys and ICICI Bank: Kishore Biyani"What we need to figure out is how do we create a level-playing field. How do we ensure news or restaurant apps don't get prematurely kille...
- India's fractured public transport system is a tempting opportunity for startupsIn Mumbai, brothers Nikhil and Vikesh Agrawal, the founders of ride-sharing startup LiftO, are similarly bullish on their prospects.
- Uber races ahead of Meru & Easy CabsET had reported, earlier in December, that Uber India Systems, which provides marketing and support services to Uber, posted a 442% jump in...
- Uber races ahead of Meru and Easy CabsAfter Uber sold off its China operations to Didi Chuxing earlier this year, it has further accelerated its efforts in India, which is now i...
- Kaali-peeli taxis could hitch a ride with app cabsIndustry sources said it was suggested to the road transport ministry that allowing such taxis to attach with app-based operators will help...
- Ola founder Bhavish Aggarwal aims to stop Uber's passage to IndiaAggarwal contends Ola has a better grasp of how to operate in a country with infrastructure challenges like nowhere else.
- Mobile assistance app Bucker picks up speed with seed round“This round will be utilized to support the payroll of our team. The company will add e-commerce and entertainment under the categories,” s...
- Voodoo raises seed funding from Saif PartnersDeals and price comparison app Voodo has raised USD 1 million (around Rs 65 lakh) from Saif Partners in a seed funding round.
- Uber gifts 25% price cut as Diwali gift to Delhi usersSan Francisco based Uber will bear the price cut and drivers will continue to continue to get normal rates till an undisclosed date.
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