Ola Scales Down Food Delivery Ambition; To Focus On Quick Commerce
IPO-bound mobility giant Ola is now looking to scale down its food delivery business to focus on quick commerce for the third time.
Source: inc42.com
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IPO-bound mobility giant Ola is now looking to scale down its food delivery business to focus on quick commerce for the third time.
Ola is issuing 3,793 Series J2 CCPS to Delivery Hero in lieu of cash consideration against acquisition of 77,10,564 equity shares held by Delivery Hero in foodpanda