BENGALURU: Motorist on ride-hailing platform Ola have spiked 7-10% in seven metro cities, after the homegrown aggregator rolled out rewritten standardised boards to keep drivers active during peak hours, two people directly in the know of the matter told ET.The brand-new payout structure, with an average take rate of 20% …
Read More »Fintech’s next decade will look radically different
The birth and growth of financial technology developed predominantly over the last ten years. So as we look ahead, what does the next decade have in store? I believe we’re starting to see early signs: in the next ten years, fintech will become portable and ubiquitous as it moves to …
Read More »Splyt wants to connect the world’s ride-hailing apps for easy international roaming
The vision of a universal global ride-hailing service is over. Uber’s decision to exit sells like China, Southeast Asia and Russia coupled with the failure of its competitives to develop a proposed roaming system, is necessary that global travelers must install multiple apps if they are to take advantage of …
Read More »India’s most popular services are becoming super apps
Truecaller, an app that helps users screen strangers and robocallers, will soon allow users in India, its largest sell, to borrow up to some hundreds of dollars. The crediting option will be the fourth feature the nine-year-old app adds to its service in the last two years. So far it …
Read More »Will Uber gobble up Lime or fly off with Bird?
Winter is coming. It’s time for scooter startups to find a cozy, protective blanket to get them through the chill months. For Lime and Bird, that could be Uber. The pair of venture capital favorites, which both control fleets of electric scooters around the world, are said to be in …
Read More »Brand News: 10 Things You Need to Know for Monday July 30
Paramount sees Mission Impossible: Fallout become the biggest opening in the history of the 22-year-old franchise. Walmart opens stores in India to support Flipkart‘s B2B aims and hires TV veteran to launch new streaming service. Alibaba‘s Ant Financial arm shakes up China’s banking sector. BMW hikes China SUV prices in response to …
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