The rumoured merger would signify an enormous shakeup for taxi aggregators in India
By Reuters | Up to date: 29 July 2022 21:53 IST
Indian cab aggregator Ola and Uber Applied sciences Inc are contemplating a possible merger, the Financial Instances reported on Friday, citing sources conversant in the matter. Uber didn’t instantly reply to a Reuters request for remark.
Ola co-founder and CEO Bhavish Aggarwal has refuted the report, calling it “absolute garbage”.
Absolute garbage. We’re very worthwhile and rising effectively. If another corporations need to exit their enterprise from India they’re welcome to! We’ll by no means merge. https://t.co/X3wC9HDrnr
— Bhavish Aggarwal (@bhash) July 29, 2022
© Thomson Reuters 2022
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