Ride-hailing

Why an Ola/Uber India merger isn't gonna happen just yet

The combination of India’s two ride-hailing services has long been mooted but is unlikely to come to fruition in the near term. Here's why.

If there's one corporate merger in the world that would not surprise anyone if announced, it would probably be the combination of Ola and Uber’s Indian business.

The integration of these two ride-hailing services has been anticipated by public investors and analysts for some time  ever since Uber sold its Southeast Asian operations to Singapore-based Grab in March 2018.

Uber’s withdrawal from Southeast Asia came two years after it sold its China business to homegrown ride-hailing app Didi Chuxing

Those disposals have been widely taken as a sign that the American firm wants to eventually exit Asia altogether...

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