Original title: Indian ride-hailing app Ola will land in London or will replace Uber whose London license has been revoked
On December 1, according to foreign media reports, following the cancellation of the London license of the ride-hailing app Uber, the Indian ride-hailing app Ola has already begun to register drivers in London, and will be tested in London next month, and will be fully launched in January 2020. Interestingly, Ola is also backed by SoftBank, an Uber investor.
According to reports, Ola obtained a license to operate in London earlier this year and is already doing business in eight British cities including Birmingham and Liverpool. Furthermore, in addition to India and the UK, Ola also provides services in several cities in Australia and New Zealand. Ola said in an announcement this Tuesday that its platform uses facial recognition technology to verify drivers' identities and is fully in line with Transport for London's high standards.
Ola has always been known as India's “DiDi Chuxing”. It was founded in 2010 and is one of India's largest technology companies. In addition to online car-hailing, it also has services such as payment, food delivery, and bike sharing. Investors include domestic Tencent, DiDi, etc. in addition to SoftBank, which is also an Uber investor.
On the other hand, looking at Uber's recent situation, it can be said that there is no room for optimism. Uber has just received a decision from Transport for London to revoke its license and is currently in the appeal phase. Safety issues have always been a problem for Uber, and Transport for London is one of the biggest concerns. During the investigation, it was discovered that Uber has already committed several irregularities that endanger the safety of passengers. London used to be Uber's largest European market, and it was also Uber's main source of revenue outside of the US. Whether Ola will replace Uber's market position in London in the future will have to wait for the final appeal results to be known.