4 ms·

They are facing a ton of competition in their 3 largest markets. USA (Lyft 1bn+ funding), China (Didi 3bn+ funding) & Ola (couple 100mm's).

• eonw 11y ago
  plus the impending lawsuits for wrongly classifying their employees as contractors... thats going to take years to play out and could hit their profitability really hard.
• jacalata 11y ago
  Ola?
  • tdylan 11y ago
    IIRC it's OlaCab, in India.