Ola Consumer Turns Profitable, Rivals Lose Rs 100 Cr/Month: Rediff Moneynews
Ola Consumer is now cash flow positive and profitable, while rivals Rapido and Uber reportedly burn over Rs 100 crore monthly. Learn about Ola”s strategy shift. New Delhi, Jun 7 (PTI) Ola Consumer has turned free cash-flow positive and achieved profitability, widening the gap with rivals that continue to spend heavily to gain market share…