Uber Takes Over Ola As The Largest Ride-Hailing Service In India
Dhir Acharya - Feb 11, 2020
In a meeting last week, Uber affirmed the importance of the key oversea market. Last year in India, 14 million rides handled by Uber week.
- Delhi Is The World’s Most Polluted Capital City For Three Years In A Row
- Indian Farmers Install High-Tech, Night-Vision CCTV Cameras To Protect Themselves
- Looking For The Best Electric Bike In India 2021? Take A Look At These
In a meeting last week, Uber said it claimed its success in India, its key overseas market, with 14 million rides per week in the country.
In its quarterly earnings report, released on Thursday, the company declared that it was holding 50% of the total market share and was the leader of India's ride-hailing market.
To strengthen the claim, the firm cited its own internal estimations. According to a spokesperson, the ride-hailing firm facilitated 11 million rides per week in 2018.
This is an interesting comparison to make because Uber and Ola, its biggest rival in India, often seem to avoid mentioning the ride figure in the Indian market of their company.
Ola revealed in a blog post in 2018 that their platform served over two million people a day. This startup didn’t publish their new figure, but they confidently declared that their platform is the “largest mobility platform” in India.
The spokesperson of Ola affirmed that with the network of nearly three million driver-partners offering many choices among vehicles including two, three and four-wheelers, Ola has the ability to serve over 200 million customers in 250 cities and towns in the country.
Uber has sold Uber Eats’ India, its food delivery, to Zomato, its local rival for around 180 million dollars. This is considered a move that can help the firm focus better on the core ride-hailing business in India.
A spokesperson from the company shared that the ride-hailing firm is operating in 50 cities in India, but the number will expand to 200 this year and there will be two and three-wheeler services cross many cities.
Uber makes this move while Ola is one their way coming to one of Uber’s key markets, London and Ola said that they would start their operation in London on February 10.
>>> Uber Will Require Indian Riders To Provide Authentication Code To Start A Ride
Featured Stories

ICT News - Feb 26, 2025
Elon Musk's Federal Workforce Overhaul: AI Takes the Helm

ICT News - Feb 26, 2025
Will AI Kill Coding Jobs? The Truth Might Surprise You

ICT News - Feb 25, 2025
Not Radiation: What Is Causing the Strange Genetic Evolution of Chernobyl’s Dogs?

ICT News - Feb 25, 2025
Google to Phase Out SMS-Based Authentication Codes

ICT News - May 17, 2022
3 Reasons your privacy gets compromised online

ICT News - May 11, 2022
Apple Devices For Sale

ICT News - Apr 12, 2022
Pin-Up Review India 2022

ICT News - Mar 29, 2022
Choosing between a shared and a dedicated server for gaming

ICT News - Mar 18, 2022
How The Internet Came Into Being

ICT News - Mar 17, 2022
Comments
Sort by Newest | Popular