Ola exits 3 global markets ahead of IPO
Tech in Asia·2024-04-09 20:00
Ola Electric’s S1 Air / Photo credit: Ola Electric
After six years since the start of its global expansion, ride-hailing giant Ola is ending services in the UK, Australia, and New Zealand, aiming to focus more on India’s expanding market, TechCrunch reported.
According to the the report, a spokesperson said the Bangalore-headquartered company sees vast opportunities for expansion within its home country and has shifted its priorities accordingly.
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