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Showing posts from July, 2018

Uber or ola, what if uber-ola

Uber and ola are two taxi-market rivals, sometimes we had a situation to choose between them. What if they merge? Ola is most trusted and used app-market in India, then comes uber. As per the data, ola runs 9,00,000 cabs in India. And uber runs 3,50,000. But the ola was facing losses in this market, as it's cost of maintenance, services and other charges are more than fares they applied. According to various data, ola has 56-70% market share in India. According to the information, in 2017, Uber's operating loss was roughly half of its net revenue Unlike the Ola, but they don't have a customer following has ola has gained by its discount factor. Ola has invested so far in each field like customer satisfaction, drivers incentive etc. Ola spends his 3.40 rupees on a single rupee they earned. As they facing loss in their overall review which is equal to 900 crores in last year. Ola has won the heart of Indian consumers. But it has to resolve the issues with their losses, whi