Uber also plans to make a significant investment in driver incentives and discounts for riders
Company will be adding in-house manufacture of motors as well as cells, which account for the bulk of the cost of a scooter
Ola founder and CEO Bhavish Aggarwal has rubbished reports in a section of media about the company being in talks with Uber for a possible merger
Ola CEO Bhavish Aggarwal met top Uber executives in San Francisco recently, says a news report
Consumer protection regulator CCPA on Friday said it has issued notices to cab aggregators Ola and Uber for unfair trade practices and violation of consumer rights. "We have issued notices to both Ola and Uber. Most of the consumer complaints received in the last one year are related to the deficiency in services and other unfair trade practices," Central Consumer Protection Authority (CCPA) Chief Commissioner Nidhi Khare told PTI. In a meeting held on May 10 with cab aggregators, the government had warned of strict action unless they improve their systems and redress rising consumer complaints. "We told them about the rising consumer complaints against their platforms. We gave them the statistics also. We have asked them to improve their system and redress the consumer complaints otherwise the competent authority will take strict action," Consumer Affairs Secretary Rohit Kumar Singh had said after the meeting. The meeting was attended by representatives of Ola, Uber, Meru, Rapido
The two-wheeler delivery service, which was launched in May last year during the nationwide lockdown, is now available across 26 cities
The US-based company which is locked in an intense battle with Bengaluru-headquartered Ola for market leadership in India already operates a CoE in Hyderabad
India is one of our most important markets. 12 % of all our global trips are done in India. India is already a big market for us in terms of transactions, he said
2019 could be a year of intense corporate battles. This is the last of a four-part series and focuses on ride-hailing apps Uber and Ola