📺 Stream EntrepreneurTV for Free 📺

Uber and Competitor Launch Motorcycle Services in India on the Same Day. This Should Be Interesting. Two-wheelers are the most popular form of transport in many of India's traffic-clogged cities.

By Reuters

entrepreneur daily

This story originally appeared on Reuters

Komar | Shutterstock.com

Uber Technologies Inc. and Ola launched rival motorcycle-hailing services in Bengaluru on Thursday, as the competitors go head-to-head to target commuters tired of sitting in their cars in traffic.

Two-wheelers are the most popular form of transport in many of India's traffic-clogged cities, but schemes to rent a bike and driver by the kilometer are rare.

Uber, which is investing heavily to compete against local ride-hailing services across Asia, including Ola in India, is piloting "uberMOTO" as a project developed specifically for cities in emerging markets.

Last week it announced its first motorcycle scheme, choosing Thailand's capital Bangkok, where it will compete with GrabTaxi, which already lets users book motorcycle taxis in some South East Asian countries.

Ola, also based in Bengaluru, formerly Bangalore, and backed by Japan's Softbank Group, said its "Bike Taxis" would help customers zip through traffic.

India is one of the world's largest markets for two-wheelers.

(Reporting by Tommy Wilkes; Editing by Biju Dwarakanath)

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

Passengers Are Now Entitled to a Full Cash Refund for Canceled Flights, 'Significant' Delays

The U.S. Department of Transportation announced new rules for commercial passengers on Wednesday.

Franchise

Franchising Is Not For Everyone. Explore These Lucrative Alternatives to Expand Your Business.

Not every business can be franchised, nor should it. While franchising can be the right growth vehicle for someone with an established brand and proven concept that's ripe for growth, there are other options available for business owners.

Business News

Elon Musk Tells Investors Cheaper Tesla Electric Cars Should Arrive Ahead of Schedule

On an earnings call, Musk told shareholders that Tesla could start producing new, affordable electric cars earlier than expected.

Science & Technology

10 Things CIOs are Prioritizing Today to Stay Ahead in 2024

The role of the CIO has become increasingly important as technology continues to shape the business world.

Living

Younger Americans Don't Necessarily Want to Retire in Florida — and the 2 Affordable States at the Top of Their List Might Surprise You

Gen Z and millennials may be decades away from retirement, but some spots are already on their radar.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.