Is Uber & Ola Collaborating? Important Announcement by Ola CEO! Ola Electric Mobility is an Indian based electric two wheeler manufacturer which normally based in Bangalore. Likewise Uber Technologies is an American mobility as a service provider for transportation. These two companies are going to collaborating each other, a report said earlier.
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According to this report, Ola CEO Pavish Agarwal had talked with Uber’s top executives in US on merging these two companies. And it has been now denied by him. On regarding this Uber said in a statement that, the report statement is false and that we are not in merger talks with Ola. Following this, Ola CEO Pavish Aggarwal said in a tweet that, this news about Ola-Uber tie-up is a complete rumour, and we are not in any talks at this time.
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He also said that the company is operating profitably and we are a leading company that is growing well. So, the collaboration of Uber and Ola is being a mystery among the customers. In between, recently Uber sold its local food delivery business that is Uber Eats to Zomato Ltd in January 2020. At the same time Ola also shut down its grocery delivery business. Anyways, these two companies become India’s most leading companies operating in the highly competitive Indian market.
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