Ola cuts 1,400 jobs as revenue drops by 95%
Ola’s decision follows Grab and Uber’s downsizing measures as the ride-hailing sector fights to weather the crisis. Source link
Covid-19 may have hit the brakes on fundraising, but niche businesses are still beating the downtrend. Source link
Uber and Ola’s decision follows a similar move by Grab, which earlier halted its GrabShare services in Singapore and the…
Ryde reportedly hit US$21.5 million in gross merchandise volume and US$2.15 million in revenue last year. Source link
The ride-hailing firm is set to join the fintech startup’s series A fundraise as part of a wider strategic partnership….