India, March 28 -- Govt Preps Ola-Uber Rival
In a move that could rattle the likes of Ola and Uber, the Indian government is prepping to roll out its ride-hailing service - Sahkar Taxi. It will register taxis, rickshaws, and two-wheelers under a cooperative structure, allowing drivers to retain 100% of their earnings.
The Duopoly Problem: The ride-hailing giants have long faced backlash over fluctuating and high commissions, erratic earnings and lack of transparency for drivers. While Ola and Uber typically charge 20% commission per ride, the rising tide of competition from Namma Yatri has forced the duopoly to embrace the zero commission or subscription models. Yet challenges persist.
Will Customers Make The Switch? In the last few ye...
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