Ola’s GMV crossed pre-pandemic levels: Bhavish Aggarwal

Ride-hailing platform Ola said its GMV (gross merchandise value) has crossed pre-COVID levels, and the recovery from the second wave of the pandemic has been three times faster than from the first wave.

“India is moving again! Our @olacabs GMV crossed pre-covid levels last week. Recovery from the second wave was 3 times faster. Clearly India is up and about! Some interesting trends as #IndiaIsMovingDown pointing backhand index,” Ola Group CEO, Bhavish Aggarwal tweeted on Tuesday.

Many commuters moved to autos for safety, “taking our auto business to almost 150% of pre-covid levels,” he tweeted.

Our code of editorial values

  1. Comments will be moderated by The Hindu editorial team.
  2. Comments that are abusive, personal, incendiary or irrelevant cannot be published.
  3. Please write complete sentences. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and').
  4. We may remove hyperlinks within comments.
  5. Please use a genuine email ID and provide your name, to avoid rejection.

Printable version | Oct 16, 2021 8:06:26 PM |

Next Story