Ola shuts down TaxiForSure

August 17, 2016 11:38

Ola has shut down its TaxiForSure business and has laid off 700 employees, according to three people directly aware of the developments at India's largest cab aggregator. This move comes nearly an year and half after Ola acquired its crosstown rival TaxiForSure for $200 million in order to gain market leadership against rival Uber, the most-valuable startup in the world. Read more

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