Online cab rides improve to 30 million in October but new govt rules may impact market in long term

Online cab rides improve to 30 million in October but new govt rules may impact market in long term

The ‘aggregator’ segment mainly controlled by Ola and Uber, according to the rule, is now allowed to charge fare “50% lower than the base fare and a maximum Surge pricing of 1.5 times the base fare.”
Check the source here –Source, Financial Express.

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