Showing posts with label Ola. Show all posts
Showing posts with label Ola. Show all posts

Your Uber or Ola ride may have become costlier by 15% in just the last one year

Your Uber or Ola ride may have become costlier by 15% in just the last one year. An average ride now costs ₹220 as compared to ₹190 in 2017, Times of India reports, quoting a report from Redseer. Meanwhile, monthly earnings for many drivers (excluding EMI payments) shrank to ₹20,000 from ₹30,000 in 2016, the advisory firm said. It’s a double whammy for drivers: cab aggregators slashed driver incentives by more than 30% amid a steady rise in fuel costs. Several drivers in Mumbai have been on strike since Monday to push for higher fares.