Ride-hailing giant Ola said it has "reassessed priorities" and has decided to shutter its overseas ride-hailing business altogether from three international markets, viz., the UK, Australia and New Zealand, by the end of this month, to concentrate on the domestic market.
Ride-hailing company Ani Technologies Pvt Ltd, popularly known as Ola Cabs, saw its loss widening to Rs 3,082 crore in 2021-22, according to financial data accessed by business intelligence platform Tofler.
Ride-hailing company Ola Cabs loss widens to Rs 3,082 crore in FY22 business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.