Ola, the Indian rideshare company that rocked up in Australia in 2018 is reportedly leaving town at the end of the week News Corp titles and Sky News are reporting that customers were sent emails today saying the company will cease local operations at the end of the week. But Startup Daily, a former frequent… Read more »
Why do Uber, Lyft, Didi, OLA, and other ride-sharing companies want to partner with public transport agencies? For Uber and Lyft, the reason is simple: their business plans were based on eventually using driverless vehicles to eliminate their main cost, the labour cost of the driver. But human drivers won’t be replaced for some time.… Read more »
First mover Uber has managed to capture 90% of Australia’s ridesharing market, a Roy Morgan study has revealed, but competition is expected to heat up as Chinese rival DiDi enters the Sydney market next month. When Uber first arrived in 2013, the service was illegal, but managed to establish its dominance before ridesharing was… Read more »
Having built a base in Australia over the past nine months, India-founded rideshare company Ola has announced its expansion into New Zealand.
India-founded rideshare company Ola has appointed former eBay Australia boss Simon Smith as its managing director in Australia. Smith, whose previous roles also include time as a non-executive director of Sportsbet, CEO of local social networking platform Nabo, and as a consultant at McKinsey, will be tasked with developing the company’s presence in Australia –… Read more »
The Australian rideshare market continues to heat up, with Chinese player Didi Chuxing today announcing it’s set to launch in Melbourne later this month.
The Australian rideshare space continues to heat up, with Indian player Ola this week launching in Sydney and local offering GoCatch announcing its plans to launch an Initial Public Offering (IPO) in June ahead of a listing on the ASX.
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