Could taxi services face a new challenger in the region?

Indian ride-hailing app Ola has secured licenses to operate in Greater Manchester and South Wales in one month, the Company’s first foray into the UK market for the first time.

Unlike its rival Uber,Ola will enable passengers to request a private hire vehicle or black cab via a single platform, with the promise of further transportation options to come once the service beds down.

Bhavish Aggarwal, co-founder and chief executive of Ola, said: “The UK is a fantastic place to do business and we look forward to providing a responsible, compelling new service that can help the country meet its ever-demanding mobility needs. We look forward to our continued engagement with policymakers and regulators as we expand across the country and build a company embedded in the UK.”

The Company has been operating in India since 2010 and recently opened in the Austrailan market

 

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