Business News

Rideshare giant Ola has abruptly exited the Australian market. What does this mean for the future of ridesharing?

Written by Neil G Sipe, Honorary Professor of Planning, The University of Queensland

Last week, Indian rideshare giant Ola announced that it would abruptly cease operations in Australia, New Zealand and the UK.

A competitor to Uber, the company had been operating in Australia since 2018 and served most of our major cities – Sydney, Melbourne, Brisbane, Gold Coast, Adelaide, Canberra and Perth.

Ola...

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Rideshare giant Ola has abruptly exited the Australian market. What does this mean for the future of ridesharing?
Diego Thomazini/ShutterstockLast week, Indian rideshare giant Ola announced that it would abruptly cease operations in Austra…
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