Indian ride-hailing giant Ola quits UK, Australia and NZ in international pullback | TechCrunch
Indian ride-hailing giant Ola is shutting down its operations in the U.K., Australia and New Zealand, six years after expanding to international markets, as it shifts focus to shoring up its domestic business ahead of an initial public offering.
An Ola spokesperson told TechCrunch that the SoftBank-backed ride-hailing startup sees “immense opportunity for expansion in India,” where it operates in hundreds of cities and offers a range of transportation options, including two-wheelers.
“With this ...
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