Ola to arrive in London on 10th February
- Over 20,000 drivers already registered on the platform
- Drivers will retain 100% of their earnings for the first six weeks
- London to be 28th launch following expansion across towns and cities in the UK
London, 31 January 2020: Today, Ola, one of the world’s largest ride-hailing platforms, announced it will launch in London on 10th February 2020. The platform will be fully operational from day one, with over 20,000 drivers having registered on the platform since it began onboarding a month ago. Ola aims to offer a differentiated experience on the platform with features such as 24/7 helplines for drivers and customers and an in-app emergency button, while providing the best quality of service through its large network of drivers across the city of London.
Ola will maintain its differentiated focus on drivers, safety and a collaborative approach through its launch in London and beyond. Ola has always put drivers at the heart of its operating philosophy, offering the best revenue share so they can keep more of their earnings. Drivers joining the platform will benefit from six weeks of zero commission and market-leading commission rates thereafter. Ola’s commission commitment ensures that drivers always receive the best commission rate in every market that Ola operates in. Likewise, Ola will continue its collaborative approach with regulators and local authorities, as well as its clear focus on safety, drawing on industry-leading and global best practices.
Simon Smith, Head of Ola International said: “The overwhelmingly positive reception to Ola since launching in the UK in 2018 illustrates the significant demand from drivers, riders and communities. We are working closely with drivers to build a high quality and reliable service for Londoners. Launching in London is a major milestone for us and we are keen to offer a first class experience for all our customers.”
To celebrate the launch, Ola’s passengers will benefit from £25 worth of ride credit for signing up in the first week after the launch.
Ola has expanded rapidly throughout the United Kingdom (UK) since its launch in 2018 and will now operate across 28 local authorities. Cities including Birmingham, Coventry and Warwick have seen more than double-digit growth in rides in the last quarter. To date, Ola has provided over 3 million rides with more than 11,000 drivers already operating on the platform in the UK.
Ola is recognised for its collaborative approach, working with national governments and local authorities, to help solve transport issues. Ola’s service is available in 250+ cities around the world, in India, Australia, New Zealand and the United Kingdom. In Australia and New Zealand, Ola has passed all regulatory audits so far, adhering to safety standards that are similar to those of Transport for London (TfL).
About Ola:
Ola is India’s largest mobility platform and one of the world’s largest ride-hailing companies, serving 250+ cities across India, UK, Australia, and New Zealand. Ola was pleased to launch in the UK in August 2018 with operations in Cardiff, expanding to towns and cities across the UK, covering a total of 27 local authorities. The Ola app offers mobility solutions by connecting customers to drivers and a wide range of vehicles across various forms of transport, enabling convenience and transparency for hundreds of millions of consumers and over 2 million driver-partners.
Ola has expanded rapidly across the UK since its launch last year, operating across 27 local authorities. Cities including Birmingham, Coventry and Warwick have seen more than double-digit growth in rides in the last quarter. To date, Ola has provided around 3 million rides with over 11,000 drivers operating on the platform outside London.
Ola is committed to leading the industry with its approach to passenger safety including 24/7 voice support, options to share ride details with emergency contacts and in-app emergency features. Ola is on a mission to build mobility for a billion people and beyond!
Ola was founded in 2011 by Bhavish Aggarwal and Ankit Bhati with a mission to build mobility for a billion people. For more details, visit www.olacabs.com/media.
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Amogh Yenagi | +919113649626