Uber’s New Rival in Australia: An Indian Upstart
nytimes.com
nytimes.com
There is a perception that Ola has a lower quality of drivers in the Indian market, but I doubt such a thing would be replicated in Australia. That said, I've gotten quite a few stinkers from both services, so I'm sure that the bias in Indian middle/upper-middle classes against native companies plays strongly into the perception of Ola drivers as worse than Uber.
Ola was by far more interesting and cheaper, but.. unavailable to me without local colleagues helping me. To sign up you needed an Indian mobile number (I brought a German and a Singaporean..). Unfortunate.
Uber in India was god awful.
I usually talk to the drivers; they tend to drive for both Ola and Uber. Most of them seem to have a better earning with Uber.
One of the key thing limiting me even trying Ola is that they have their own in-house Payment/Wallet system and no integration with a more common one such as PayTM. With Uber, I can PayTM as my default and do not worry about Credit Card PIN -- just ride, thank the driver and walk out.
Nonetheless, I would still wish Ola the very best. We need more competition and even better services from all providers.
Taxify launched here in December with 50% off rides, people jumped on board and ditched Uber.
50% rides ended - everyone went back to Uber, including myself.
Can't seen this ending any differently unless Ola is significantly cheaper.
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Just tried to sign up for Ola and they couldn't even send me the verification text to sign up with.
If Taxify/Ola aren't doing anything majorly different from Uber then there's no reason for people to switch away from a service that proven to work.
Superficially they're the same, still there seems to be room for both and I personally prefer the Uber alternative more.
Anyway, I've signed up for Ola and just got coupons for three free rides up to $25. The more competition and the larger the bonfires of VC money, the merrier!
Ola drivers are often dealt a short end of the stick by Ola. Ola knows this, and gets away with it because many of the drivers come from a financial background where they do not have much of a choice. Drivers face ridiculous delays in getting paid their share of the ride, that is, if they get paid at all. You would often encounter Ola drivers insisting on getting paid by cash rather than Ola money.
Ola's software backend leaves a lot to be desired, losing track of money is quite frequent, used to be routine before.
I don't expect commentary from Ola drivers but hope some Ola engineers will comment on their engineering backend and culture: lack of work life balance, insane hours, continuous firefights to keep their service afloat, just about barely in spite of being staffed by way more engineers than Uber India.
Someone privy to the details claimed -- "The marvel is not that the bear dances well, but that the bear dances at all." I am not sure if things have changed, they are rolling in so much investor money that they really don't have strong incentives to.
In Melbourne we now have Taxify, Uber and GoCatch.
A forth in the mix would be great.
Taxify has had 130k downloads in the last 4 months. Ola is at 24k for about 1 month.
Far cry from Uber which does that in almost 2 days
Startups are entrepreneurial businesses that start with external funding.
Upstarts are businesses that start without significant external funding.
noun a person who has risen suddenly from a humble position to wealth, power, or a position of consequence.
It's a "start up", but that term is a bit ambiguous.
However, these days you almost certainly want to be known as a "business" by anyone who matters, and one with good reviews.
Oxford dictionary definition #1: (derogatory) A person who has risen suddenly in rank or importance, especially one who behaves arrogantly.
How it sounds of depends if you are the empire, a Jedi or a sports fan.
In general I’ve seen ola fight tooth and nail against Uber by focusing on the vagaries and niches of the Indian market.
They took the fight to the a much stronger competitor. They couldn’t win on just funding advantages so kept carving out areas which Uber has not considered.
I’m betting Uber learnt a lot from that fight.
Let’s see how they fare in Australia. Wishing them Well.
a. Can you please cancel OLA ride and book a ride on Uber or vice versa? #incentives #UberOLATwosome
b. Cash or OLA Money?
As someone who has spent a long time in New Zealand it was striking to me how many places you needed cash for in Australia. EFTPOS is not ubiquitous there like it is here.
If you only carry credit cards though you’re going to need some cash.
NZ's government thinks (or thought, it's changed recently) that the market would sort it out so the current rates are up to 3% for credit and 1.5% for debit, again Mastercard's list is here: https://www.mastercard.co.nz/en-nz/about-mastercard/what-we-...
EFTPOS transaction are generally fee-free for all parties.
From my experience in sydney/melbourne more places take credit/debit than NZ but also more places are cash only. Not as much penetration for EFTPOS.
With PayWave becoming so popular for even $1 transactions at the counter by literally waving your debit card at a machine, I haven't carried significant cash in my wallet for years now.
Well, we are talking about Australia... I don't think the poster was talking about the whole world.
Or more people no longer want to pay in cash so their sales go down dramatically.
Avoiding tax on no or low income is a lot worse than paying tax on larger profits via electronic payments.
Far better for a business IMO to offer both - then they can still pocket most of the cash transactions without declaring, yet still show legitimacy to the ATO by having electronic payment records, which should keep the auditors at bay.
Our town is popular for market and pop up stalls all over the place, and while these used to be cash only for nearly as long as I have lived here, I have been noticing that a lot of them now have portable EFTPOS machines, or smartphones connected to Square or other payment swipers. Especially those that sell clothing or items >$20 because locals just don't seem to carry large notes around any more on a casual basis.
I don't see the economics of cash only working anymore here anywhere where there is decent competition.
I haven’t had cash in my wallet for a few weeks now. Apple Pay or PayPass/Wave for even small amounts is fine.
They just simply lose my business now if they don’t take card. And lots of the population is moving this way.
The old cash only to avoid taxes is only good if you actually make a decent income to avoid said taxes.
Food trucks, weekend markets, everyone has an EFTPOS/MPOS or CommBank tablet in their business now.
I don't carry cash, and quite often don't even carry my wallet, but I need somewhere to stash my myki if I'm taking the train & tram to work. Given that it may have anywhere between $100 and $1500 worth of value on it at a time, I don't really just want to throw it in a pocket.
I've been using it more lately because it's the only payment form with any type of anonymity.