![]() ![]() ![]() It further suggests that 41% of all Uber rides are priced less than Rs100, and that only 12.5% bring in more than Rs300. Jain claimed in an interview to Mint in September that Uber’s completed trips had risen from 165,000 a week in January 2015 to 5.5 million at the end of August.Īccording to data available with KalaGato, the median ride value at Uber at Rs127 is marginally lower than Ola’s Rs135. Soon after the sale of its China business, Uber India president Amit Jain indicated that Uber would focus sharply on India. ![]() Meanwhile, India, which barely registered as a blip in the global market for cab aggregators (in terms of rides) in the first quarter of 2014, had grown into the third-biggest market after China and North America by the first quarter of 2016, according to the Internet Trends-2016 report by Mary Meeker, partner at Silicon Valley venture capital firm Kleiner Perkins Caufield and Byers. Uber threw its might behind India about the same time it sold its China business to local rival Didi Chuxing last year. There is no conclusive way of checking either claim. Ola executives and investors claim that Uber, currently, is less than half of Ola’s size while Uber executives claim that it is slightly bigger than Ola. ![]() I would say that within the next 30 days, we would beat them (Ola)." In April, Ola claimed that its cheapest offering, Micro, was bigger than all of Uber’s India business. Uber’s Asia business president Eric Alexander claimed in March last year that Uber is “right at the edge of 50% (market share). Uber and Ola differ over who controls how much of the market. The San Francisco-based company has since stepped on the gas, especially since January this year-by which time its share had risen to 41.5%. In May 2016, Ola accounted for 54% of all downloads of cab-hailing apps, compared with 34% for Uber. According to KalaGato, Ola had a comfortable lead over Uber in app downloads until a year ago. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |