Business

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.


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Printable version | Oct 16, 2021 8:06:26 PM | https://www.thehindu.com/business/olas-gmv-crossed-pre-pandemic-levels-bhavish-aggarwal/article36342702.ece

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