Is bike-taxi service the next big thing ?
After Ola , now Uber plans to expand its operation in the country, from 52 cities at present to 200 by the end of 2020. The key driver of its expansion will not be car hailing but the bike taxi service , which was launched in India in July this year. Such service has been rolled out in 30 cities, doing over 150,000 trips a day. However, it is yet to be launched in the big states of Maharashtra and Karnataka, where Uber is working through regulations. This means, while car-hiring service will still be available in most of these cities, two-wheeler service will be there in all the cities if there is regulatory permission. Its arch-rival, Ola launched its bike taxi service in 2016. It has expanded its service to over 200 cities and towns across the country. However, the company is aiming to grow threefold to have 1 million bike-partners in the next one year. Read More