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Why ‘Stupid Radishes’ are causing panic in China
China’s 7 million ride-hailing drivers are facing the threat of job loss from artificial intelligence as robotaxis begin to proliferate. Self-driving technology, still experimental, is being aggressively greenlit in China compared to the US, where approvals are often suspended after accidents. At least 19 Chinese cities are testing robotaxis and robobuses, with seven cities approving … Read more
Ola Electric records over 30,000 registrations in December, dominates the 2W EV segment with 40% market share
Ola electric scooters. | Photo Credit: Special Arrangement Ola Electric on January 1 announced that it recorded 30,219 registrations in December and captured a 40% market share in the EV 2W segment (as per VAHAN Portal). The company clocked its highest ever monthly registrations during the month and posted a year-on-year (Y-o-Y) growth of 74% … Read more
Ola opens 500th showroom in India
EV start-up Ola Electric has announced the opening of its 500th Experience Centre (EC) in Srinagar, Jammu and Kashmir, as part of its strategy to expand its direct-to-consumer (D2C) presence in the country. Ola, which is present in around 300 cities, aims to take the total number of showrooms to 1,000 by August 2023. Although … Read more
EV sales spike, Ola leads the way
Ola Electric: 21,308 units Ola continues to lead the market for the seventh straight month, registering 21,308 units in March 2023 — a significant increase over its figure for the previous month. This is also the first time Ola has breached the 20,000-unit mark in a single month. However, the company claims they sold over … Read more
Ola to provide free vaccination for all employees and their dependents
There are as many as 24,000 people who will receive Covid-19 vaccines, as per the company data. In a recent announcement made by the cab-aggregator Ola, the company is set to provide free vaccination for the novel Coronavirus to all of its employees and dependents. The company in a statement claimed that it is the … Read more
Facebook India appoints Arun Srinivas as director of global business group
Bengaluru: Facebook named Arun Srinivas as the Director of Global Business Group to lead the strategy and delivery of the India Marketing Solutions charter that is focused on large advertisers and agencies. Facebook said Srinivas’ appointment comes after a series of senior and leadership recruitments in recent months across marketing, partnerships, communications, and other key … Read more
View: The bad, the ugly & the questionable about regulating non-personal data
By Nikhil PahwaIt’s 2025, and for seven years, you’ve been running a company at the forefront of innovation in healthcare. Millions have bought your fitness trackers, and used them to measure their heart rate, body temperature, sleep patterns, physical activity, blood pressure, dietary habits and nutrition intake, apart from also storing their medical reportswith you.Your … Read more
Indian rival slams Uber’s business model
Uber’s top rival in India has some unsolicited advice for the U.S. startup: Go local. “They have a very cookie-cutter approach in terms of what the model is and how [to] force feed it into any geography,” Pranay Jivrajka, a top executive at Ola Cabs, said on the sidelines of CNN’s Asia Business Forum in … Read more