back to article India's Uber clone Ola Cabs hails ride out of the international market

Indian ride-sharing outfit Ola Cabs is shuttering operations in Australia, New Zealand, and the UK as the company shifts focus to its domestic business. "Our ride-hailing business is growing rapidly, and we remain profitable and segment leaders in India. The future of mobility is electric – not just in personal mobility but …

  1. Anonymous Coward
    Anonymous Coward

    “Ola Cabs”


  2. ZaphodHarkonnen

    Huh, haven't seen anything about this on the NZ news or even on Ola NZ's own website. I imagine more than a few drivers will be irritated at this.

  3. Anonymous Coward
    Anonymous Coward

    First they ruin the cab industry

    Then they cannibalise themselves.

    Don’t mind the quality, feel the disruption!

    1. Bebu Silver badge

      Re: First they ruin the cab industry

      《Then they cannibalise themselves.

      Don’t mind the quality, feel the disruption!》

      My thought too.

      When you perturb any reasonably stable system its very likely to return to something close to its original steady state (or equilibrium.)

      Another decade and Uber and Didi will likely be indistinguishable from the taxi industry they disrupted.

      So much of this gig-ery pokery disruption was little more than shaking the tree and grabbing the easily gathered fruit that falls to the ground, and buggering off back over the wall. Little more than snatch and grab.

      As more of the drivers are in for the long haul I hope they will realize that all Uber etc provide is an online booking (and billing) system which could be replaced by a drivers' cooperative booking system and corresponding app. The billing can be in car with a portable POS terminal (the fees are still a lot less than Uber's cut.)

  4. anonymous boring coward Silver badge

    Wow! What a nice company!

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