Ride-hailing battle: Rapido gains users and market share driven by bike-taxi operations; surpasses Uber and Ola
Rapido has emerged as India’s leading ride-hailing service, commanding nearly half the market share, surpassing both Uber and Ola, despite its initial perception as a specialised bike-taxi service.The company’s significant market share stems primarily from its two-wheeler taxi operations, affecting Ola‘s business substantially. Additionally, Uber is experiencing mounting pressure in one of its crucial markets.Data…
