Ola, Uber cab supply fell 25% in March quarter: Report
The number of vehicles affiliated to Ola and Uber dropped by almost 25% in the March quarter from the preceding three months, according to a report. The cab supply peaked in December quarter since January 2016 to about 5,00,000 vehicles before dropping to around 3,80,000 in the March quarter, due to a fall in incentives for drivers, the report stated.