TU-TESL

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According to foreign media reports, Ola, an Indian taxi giant, is supported by Uber investor Softbank, or will enter the London market next month and go online in January 2020. At present, the company has entered the stage of registered drivers. Since August this year, Ola has been operating in eight cities in the UK, including Birmingham and Liverpool. In addition to India and the UK, Ola also provides services in several cities in Australia and New Zealand. Ola said in Tuesday's announcement that its platform uses face recognition technology to verify the driver's identity, fully in line with the London Transport Authority's high standards, and such security features are the main difference between Ola and other competitors. When it comes to competitors, we have to mention Ola's biggest rival Uber. The day before the announcement, Uber just received a decision from TFL to revoke its license plate, the most important reason being that "Uber cannot ensure the safety of passengers". The regulator found that Uber allowed unauthorized drivers to pick up passengers by uploading their own photos to other Uber drivers' accounts, a situation that occurred at least 14000 times. London used to be Uber's largest European operating market, with 45000 registered drivers and 3.5 million passenger users. It is also Uber's main source of revenue besides the United States. In contrast, Ola obtained permission to operate in London at the beginning of this year, marking a more intense competition between Ola and Uber. In fact, in addition to Uber, there are other taxi applications in the UK market, such as black cabs and gett. Ola in the Indian market is equivalent to didi in China. Founded in 2010, it is one of the largest technology companies in India. At present, in addition to online car hailing, private car and rickshaw businesses, Ola also operates payment, meal delivery, bike sharing and other businesses, and its investors include Tencent, Softbank, Didi, etc.