Ola Cabs Revenue Loss
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'Ola Cabs Revenue Loss' - 1 News Result(s)
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Cab Company Ola Lost Rs 6 Crore Every Day During 2015-16
SoftBank-backed cab aggregator Ola posted a consolidated loss of over Rs 2,311 crore -- about Rs 6 crore a day -- during fiscal 2015-16, on account of heavy advertising and promotional expenses and high employee cost.
'Ola Cabs Revenue Loss' - 1 News Result(s)
-
Cab Company Ola Lost Rs 6 Crore Every Day During 2015-16
SoftBank-backed cab aggregator Ola posted a consolidated loss of over Rs 2,311 crore -- about Rs 6 crore a day -- during fiscal 2015-16, on account of heavy advertising and promotional expenses and high employee cost.
