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Uber pays USD 178 mn to end legal fight with Australian taxi drivers – ET Auto

Baua Electric

An Uber statement described the complaints of the taxi industry as “legacy issues” and said rideshare regulations did not exist anywhere in the world when the company started more than a decade ago.

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Ola Cabs to exit international markets this month – ET Auto

Baua Electric

The firm had announced its rollout in Australia and New Zealand in 2018. The firm already has about 8,000 electric scooters from IPO-bound sister firm Ola Electric to provide bike-taxis services.

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Drivers land better incentives in a crowded ride-hailing space – ET Auto

Baua Electric

Even for Ola and Uber, showing fares upfront to drivers before they accept rides is a way of increasing transparency into what they would earn from every ride, industry officials said. In 2018, Uber and Ola drivers protested across the country over reducing cash incentives that the platforms initially used to create supply.

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