Uber rolls out carpool service

[vgane]

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Very good idea! The concept of Uber & Ola has already made Taxi services affordable for the common man with prices decreasing by a whopping 50%...Now this will reduce the price further!Party time for taxi users!

[h=1]Uber rolls out carpool service[/h]September 21, 2015 18:46

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US-based Taxi hailing app Uber today launched a carpool service in India that could halve the price of a customer's ride. UberPOOL will be initially available in Bengaluru. With this, the metropolis joins millions of commuters in San Francisco, New York City, Boston, Austin and Paris who have been using UberPOOL for months now to get around their cities more efficiently and reliably. The service will launch soon in beta in select cities in India, starting with Bengaluru, to gain insights from commuter adoption and usage, the company said in a statement


http://news.rediff.com/commentary/2...pool-service/202996ffca9c552ad1ebb5f2f3d6fa4a

 

[prasad1]

[h=2]Uber's march to world domination has hit a snag.[/h] The app-controlled ride-hailing service has built a $50 billion empire in 60 countries, blitzing local rivals along the way, but its attempt to capture the vital market of India has met with stiff competition.
The Bangalore-based Ola Cabs operates a similar on-demand service, which has grown dramatically since its launch in December 2010, and now covers 750,000 journeys a day across 100 cities.
With the recent acquisition of competitor TaxiForSure it holds 80% of the on-demand taxi market, according to investment group Softbank, with Uber on just 4%.
Ola believes it has an edge because it is well suited to the Indian market; it accepts cash payments and uses regional languages.
"What sets us apart is that we understand local economics better," says Anand Subramanian, Ola's communications chief. "We know that a driver in Chennai will react differently from a driver in Delhi for a particular element of the product.
"An auto driver in Chennai will see his device in Tamil, an auto driver in Hyderabad will see his device in Telegu ... A customer from Ahmedabad gets to talk to someone in Gujarati."
Ola is happy to focus on India rather than the international market as the growth opportunities are huge. India will soon have the largest population in the world but has low levels of car ownership. From a low base, India's smartphone penetration is projected to rocket upwards, increasing the potential market for on-demand taxis.

http://money.cnn.com/2015/09/21/news/world/india-ola/index.html