Uber’s Indian competitor Ola gets another sharp markdown; hits nearly a decade-low
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Uber’s Indian competitor Ola gets another sharp markdown; hits nearly a decade-low

By TEAM VCC

  • 30 Jan 2024
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Uber’s Indian competitor Ola gets another sharp markdown; hits nearly a decade-low
Credit: VCCircle

Cab aggregator Ola has recorded a sharp cut in valuation from an existing backer that pulled it to a level seen nearly a decade ago, as per VCCircle estimates. The ride-hailing company has been on a rollercoaster ride when it comes to its valuation over the last four years and is ......

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