Ola to enter Australian ride-hailing market in early 2018

Holding a dominant market share in India’s fierce ride-hailing market, Ola plans on launching itself in Australia by inviting driving partners and private vehicle owners in the cities of Perth, Melbourne and Sydney. On Tuesday, Ola, an Indian ride-hailing company announced plans on entering the Australian market intensifying its effort to win market share embattled…

Hyundai Motor Co invests undisclosed amount in ride-hailing firm Grab

The strategic move by Hyundai Motor marks a growing trends towards collaborating with strategic partners rather than develop technologies by itself. On Thursday, Hyundai Motor Co stated it has invested an undisclosed amount in Singapore-based ride-hailing firm Grab marking its first ever foray into the fast burgeoning sector as it tries to diversify its sales…

Uber strikes conciliatory tone under Dara Khosrowshahi

The new tactical approach has already starting paying dividends: the Norwegian government has recommended to repeal certain provisions related to taxis while the EFTA surveillance authority has ruled in Uber’s favor saying the Norway’s restrictions on taxi licenses were illegal. On Monday, Uber stated it would suspend UberPOP, its unlicensed service in Oslo and wait…