MENU × BUSINESS
Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
TECHNOLOGY
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
PLATFORM
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleOracleRed Hat
LEADERSHIP
CEO ReviewCompany Review
MAGAZINE
ASIA INDIA
STARTUPS CLIENT SPEAK CONTACT US

The Silicon Review Asia

Ola enters the Australian market, its first international venture

Ola enters the Australian market, its first international venture

Further intensifying its battle with its US-based rival, Uber, the ride-sharing app Ola made move to launch its operation in Australia. To begin the process the Bengaluru-based company has invited private hire car owners in three Australian cities.

Ola in a press statement said: "Starting today Ola is inviting private hire vehicle owners in Sydney, Melbourne, and Perth to learn more about driving and registering with Ola by visiting drive.olacabs.com." Ola plans to launch its services in Australia in early 2018.

It plans to first launch in Sydney, Melbourne and Perth and also said that it will soon start recruiting drivers. But Ola's biggest rival in India, Uber dominates the Australian taxi-hailing app industry.

The Company’s co-founder and CEO Bhavish Aggarwal said in the company’s press release that Ola is very excited about launching its operations in Australia and they see immense potential for the ride-sharing ecosystem which embraces new technology and innovation.

Ola has an upper hand over Uber in Australia; the fact that most taxi drivers Australia are Indians, which can turn out be good for Ola from a cultural point of view. Jaspal Singh, co-founder of research and advisory firm Valoriser Consultants, told Quartz. He also added that Ola is very hopeful that they can capture the market by using the Indian diaspora.

Both Uber and Ola have received huge investment from Japan's Softbank. In India, Ola operates in 100-plus cities and has over 125 million users in the country. It claims to serve a billion rides annually. But volumes don’t always translate to big bucks, experts say.

YOU MAY ALSO LIKE

Marketing Partnership: NBA, McDonald’s Will Jointly open NBA Experience Zones India

There is good news for all basketball fans in India. Very soon, NBA themed promotions and experience zones will be launched in India. The announcement...

Dunzo to Raise Funds from Google, others

Dunzo, the app which is trying to make life easier for the people upto some extent plans to raise about Rs. 183 crore from different investors which a...

Sapta Shakti Command Will Be Displaying Defence Technology Equipment at Jaipur Military Station

This event is organised with an aim to provide an opportunity where one and all can experience the developments in the field of defence and security-r...

Samsung is All Set to Roll out Its Galaxy A9 Smartphone On November 20

After Samsung unveiled its new Galaxy A9 smartphone in Singapore last month, the company is all set to launch it in India on November 20. In Singapore...

RECOMMENDED