Indian ride-hailing firm Ola to launch in the UK

August 08, 2018 / in.investing.com / Article Link

By Aditi Shah

NEW DELHI, Aug 7 (Reuters) - Indian ride-hailing firm Ola said on Tuesday it plans to launch services in the United Kingdom this year, months after it expanded its operations in Australia, in an ongoing turf war with U.S. rival Uber Technologies UBER.UL .

Ola, backed by Japan's Softbank Group 9984.T , has obtained licences to begin operations in South Wales in September, as well as Greater Manchester, and plans to expand country-wide by the end of the year, it said in a statement.

The ride-hailing firm will offer private vehicles for hire as well as the popular black cabs on its platform and will add more transportation options going forward, the company said.

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