Business

Ola launches inaugural UK services in South Wales

New Delhi : Taxi aggregator Ola on Monday launched its UK services across South Wales.
The ride-hailing app will allow customers the option of Private Hire Vehicles (PHVs) and Taxis on one user-friendly platform, which will include additional transportation options in the future to provide passengers with greater choice.
To celebrate its UK launch, Ola is offering customers a limited number of discounted rides to try its new service. Customers can download the Ola app on Google Play or the iOS App Store and register for an account to begin booking rides.
Ola places the quality of rides at the heart of its approach, and welcomes drivers to its platform to reap the benefits of market-leading introductory commission rates - as low as 10 percent for PHV drivers and 5 percent for Taxis - as well as payments made daily, to help them earn more money and access it easily.
"Ola has received positive feedback from drivers in South Wales and looks forward to providing passengers with a dynamic, new responsible service. We are determined to do a great job for the community and work closely with local authorities to help with their mobility goals," said MD of Ola UK, Ben Legg.
Ola, which seeks to lead the industry with its approach to passenger safety including Disclosure and Barring Service (DBS) screened drivers and processes such as 24/7 voice support, is working with local authorities across the UK to expand nationwide by the end of 2018 and has already obtained licences to operate in Greater Manchester.
Ola's entry into the UK follows its successful launch in Australia in February 2018, where it now operates in seven major cities. Over 40,000 drivers across Australia have registered since its launch in February and have completed millions of rides. Ola now conducts 1 billion rides each year globally, with more than 1 million drivers and 125 million customers in over 110 cities. 

The structure of Chinese investment overseas continues to be better

According to figures released by the Chinese Ministry of Commerce on 16th July, China's investment abroad in January-June this year was 3 trillion 46 ...

Gold prices fell by Rs 70 to Rs 660 per kg on reduced offtake

Silver demand jumped by Rs 660 to Rs 40,190 per kg on Wednesday on increased demand from industrial units and coin makers. According to All India Sara...

eight per cent that is required for changing into a $5 trillion economy by 2025.

"We additionally got to be sound into foreign capital. In some sense it triggers this virtuous cycle and once this cycle is triggered, then we have a ...

Sebi issued forty seven warning letters to open-end investment company homes in 2018-19

Sebi issued forty seven warning letters to open-end investment company homes within the last twelvemonth, and also the watchdog in consultation with t...