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Detailed stories on technology startups, business and economic current affairs.
The ride-hailing company is using the pricey S1 electric two-wheelers as bike taxis in a move that probably benefits its IPO-bound former subsidiary more than itself.

The ride-hailing company is using the pricey S1 electric two-wheelers as bike taxis in a move that probably benefits its IPO-bound former subsidiary more than itself.

As Rapido and Uber pull ahead, falling traction and mounting financial stress leave Ola with few options.
Shared rides seemed tailor-made for India’s congested cities. Yet, economics, trust and regulation kept the idea from scaling.
The company’s two-wheeler sales are evaporating. But its founder is reframing it as a necessary step to achieve profitability. All while trying to pivot towards becoming a company that sells lithium-ion cells instead of automobiles.
As Rapido and Uber pull ahead, falling traction and mounting financial stress leave Ola with few options.
Shared rides seemed tailor-made for India’s congested cities. Yet, economics, trust and regulation kept the idea from scaling.
The company’s two-wheeler sales are evaporating. But its founder is reframing it as a necessary step to achieve profitability. All while trying to pivot towards becoming a company that sells lithium-ion cells instead of automobiles.