Uber aims to unseat Ola in US$10 bil India ride-hailing market - News Summed Up

Uber aims to unseat Ola in US$10 bil India ride-hailing market


India has become its largest market after the US, in part because it agreed to sell its China business to Didi Chuxing. Jain is adapting Uber’s service to the peculiarities of India. Uber also introduced a Help button on its app that triggers an emergency alert after a high-profile incident involving an Uber driver’s rape of a young woman passenger in New Delhi in 2014. In a move to recruit drivers, Ola struck a deal with automaker Mahindra & Mahindra to make it more affordable for thousands of people to buy their own cars. In a lawsuit earlier this year, Uber accused Ola of creating fake accounts and making false bookings to interfere with its business.


Source: The Edge Markets October 10, 2016 04:18 UTC



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