Uber vs Ola Driving Hard at Each Other
On March 23, taxi hailing company Uber dragged rival service Ola to the Delhi High Court on charges of ‘false bookings’. Uber claimed that Ola created 93,000 false accounts to book its cabs and then cancelled all, resulting in loss of business and 23,000 drivers abandoning its platform. Ola had denied any wrongdoing. According to Ola, India’s third most valued startup after Flipkart and Snapdeal, Uber has moved court only to counter a plea filed by it in court on February 17 against Uber’s practice of plying diesel vehicles in Delhi. Only CNG cabs are allowed in the city. Uber denies running diesel cabs in Delhi. The court will hear Uber’s plea on September 14 and Ola’s is on April 18.
The courts cases are the latest salvo between the country’s principal taxi hailing companies against each other in what is turning out to be a bitter and protracted battle for domination of India’s streets. At stake is a market worth $15 billion.
Uber has a fearsome reputation of taking on competitors in every market it has entered. It is not for nothing that it is the most valuable American company of its generation. But India could be a different ballgame.