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Uber has created a bump in its tracks with Didi Chuxing, the global giant's arch rival in China buying out its operations there. The combined entity is now valued at $35 billion, according to news reports. The buyout is a jolt in…
Read More After China Sellout, Uber May Now Sharpen Its Focus On India, Look For Buyouts
The business models of major online taxi aggregators may be headed for a test in India. On April 6, the southern Indian state of Karnataka announced a ban on surge pricing—the practice of raising fares when demand for taxis is…
Read More Is it stupid to end surge pricing by Ola and Uber in India?
The list of those betting on the future of Ola, India’s largest taxi aggregator, keeps getting longer. After having mopped up close to $900 million from more than a dozen investors since 2011 when it was set up, Ola (formerly…
Read More What Ola cabs is doing to keep its competitors at bay
The list of those betting on the future of Ola, India’s largest taxi aggregator, keeps getting longer. After having mopped up close to $900 million from more than a dozen investors since 2011 when it was set up, Ola (formerly…
Read More What Olacabs is doing to keep its competitors at bay
The country’s organised taxi industry has shown first signs of consolidation at a time when a majority of companies in the segment are losing money. According to Sanchit Vir Gogia, Chief Analyst and CEO, Greyhound Research, this clearly points to…
Read More Ola’s Buy Signals Early Shakeout In The Taxi Segment
The country’s organised taxi industry has shown first signs of consolidation at a time when a majority of companies in the segment are losing money. According to Sanchit Vir Gogia, Chief Analyst and CEO, Greyhound Research, this clearly points to…
Read More Ola’s Buy Signals Early Shakeout In The Taxi Segment
