Uber's biggest rival in India expands internationally

Uber is set to meet a familiar foe Down Under.

For the first time, ride-hailing giant Ola is setting up outside of India. The company said it plans to launch in Australia in early 2018, and is currently signing up drivers in Sydney, Melbourne and Perth. 

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The latest Uber challenger follows in the footsteps of Estonian ride-hailing company Taxify, which launched in Sydney last December, and recently began operations in Melbourne. 

On its website, Ola said it will initially charge a 7.5 percent commission from drivers. For the time being, it's considerably lower than Taxify's 15 percent, and Uber, which is around 25 percent. Ola is yet to reveal its entire fare structure in Australia. Read more...

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