Road & Rail

Is Ola about to say adiós to Australia?

Ola’s recent company restructure in Australia has the speculation wheel turning about whether the ridesharing player is set to pull the pin on its local operations.

There’s no doubt that COVID-19 has hampered the growth of ridesharing companies globally, but Ola’s Aussie presence is noticeably smaller now than prior to the pandemic, with the company reportedly making the majority of its local employees redundant.

Having joined Ola back in 2018 as its local boss, The Sydney Morning Herald reported that Simon Smith has left the company.

According to the nine-owned masthead, Ola has also closed its driver centres in Australia “until further notice”, and it no longer has a personal accident insurance program in place for drivers.

Ola’s former Australian managing director, Simon Smith.

But, the ridesharing player, which competes against the likes of Uber and Didi locally, insists that it is committed to sticking it out Down Under.

“Australia, in no uncertain terms, is a key market for Ola, and we are focused on growing our business in the region,” an Ola spokesperson told Travel Weekly.

“We continue to operate with great energy and success for providing a safe and trusted ride-share service for Australian customers and driver partners in more than 30 cities across the country.

“As part of our efforts to drive greater synergies and efficiencies in the business, we have made some changes in our organisational structure.

“We are committed to the region and shall continue to invest in high growth opportunities, setting a strong foundation for realising our long-term ambitions.”

Ola was established in India just under 10 years ago, and Australia happened to be the first overseas market that the company expanded to in 2018.

In July, Ola launched a corporate travel offering to support local businesses as their staff returned to the office following state and territory lockdowns.

Ola wouldn’t be the first ridesharing company to exit the Australian market due to the impacts of COVID-19, with Bolt (formerly known as Taxify) closing its local operations in April.


SEE WHAT PEOPLE ARE SAYING

Leave a Reply

Hotels

Man charged for $5000 quarantine hotel rampage in Tassie

Hotel quarantine can be tough, but this guy took cabin fever to the extreme in a truly unforgettable holiday.

Share

CommentComments

Technology

Former ABC managing director Michelle Guthrie appointed as chair of TRAVLR

Michelle Guthrie will take the reigns as the new chair of the board at TRAVLR, alongside advisor and investor, Matt Berriman as the role of non-executive director.

Share

CommentComments

Cruise

Royal Caribbean reveal four cruise ships headed to Alaska in mid-2023

Get your diary out for this huge series of cruises coming mid-2023.

Share

CommentComments

Tourism

Queensland to reopen to all of Australia from Monday

Palaszczuk finally announces the date Queensland borders will reopen for fully vaccinated travellers from interstate hotspots, and what changes they can expect.

Share

CommentComments

Aviation

Fiji Airways debuts new in-flight experiences for holiday-seeking Aussies

Passengers travelling with the tropical paradise’s national carrier can (literally) rest assured they’re being taken care of with its new economy sleeper option.

Share

CommentComments

Hotels

Historic Melbourne hotel gets multi-million dollar makeover

Rendezvous Hotel Melbourne has had a modern makeover that pays homage to its turn-of-the-century origins.  

Share

CommentComments

News

“We will not be pursuing ‘Omicron zero'”: NSW and Victoria vow to keep borders open

Victorian Premier Dan Andrews said he and his NSW counterpart Dominic Perrotett have been texting about this fandangled ‘Omicron zero’ situation, with both giving the strategy a thumbs down emoji.

Share

CommentComments

Destinations

Sri Lanka Tourism invites investors to cash in with huge incentives

The island nation’s government has made it easier to invest in tourism projects, and they reckon there are big bucks to be made. That is, if you have a spare $71K laying around.

Share

CommentComments

Wholesalers

The best bits of Wendy Wu’s Worldwide Sale

The sale includes coveted cherry blossom and autumn leaves departures on Japan trips so tell your clients to start saving up their yen now.

Share

CommentComments

Aviation

Say namaste: Qantas’ first India flights in almost a decade take to the skies

Meanwhile, the Flying Kangaroo’s Points Auction continues apace with a private jet experience set to go under the hammer.

Share

CommentComments

Hotels

Bannisters opens new Bawley Point retreat, The Jackson Ranch

Got a client who has always wanted to say “Meanwhile, back at the ranch…” in a literal sense? Book them a stay in this hidden gem.

Share

CommentComments

Travel Agents

AFTA updates campaign encouraging members to contact local MPs

Want to give your local MP a piece of your mind but don’t want to get kicked out of their office for shouting profanities? Click here.

Share

CommentComments