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Uber announced the introduction of the Electric Boda in Kenya on Thursday, with about 3,000 bikes planned initially, saying it would cut running costs for drivers by 30-35% and reduce fares by about 15-20%.
The Bengaluru-based startup has begun piloting with ONDC since August with an ‘ONDC Food feature newly embedded within the Ola app, multiple sources have told ET. The feature is currently in pilot phase and is open to Ola employees only.
Khatabook valued at $600 million (about Rs 4,500 crore) after its previous funding round is backed by Sequoia Capital (now PeakXV Partners), Tencent, Tribe Capital, and Moore Strategic Ventures, among others.
Canada s Online News Act, part of a global trend to make Internet giants pay for news, became law in June and is expected to come into effect in December. Facebook and Google will need to voluntarily negotiate deals with news publishers in Canada and pay a portion of their global revenues, based on a set calculation, according to the draft regulations.