Uber has collaborated with Paytm and Alibaba‘s financial arm Alipay, to enable their users to book and pay for cab rides, from respective apps globally. As per the new collaboration, Paytm users will now be able to book and pay the fare for an Uber cab ride through Paytm App. The facility will be available for Chinese users using Alipay.
On the other side, a recent call data released by TrueCaller pointed out that more calls are being made between Ola and its riders as compared to Uber in the first four months of this year. To which, Uber defended by saying that it has best-in class maps and navigation that makes it possible to get a ride without having the need to call.
In an another development, Uber has sued Ola for $7.5 Mn (INR 50 Cr) as the Uber drivers complained about an unusually high number of cancelled bookings, which sparked the bitter legal fight.
Important Developments Of The Week
Askmebazaar Lays Off 250 Employees
Askmebazaar reportedly fired over 250 employees. The step came in lieu of company’s strategy to increase automation and thereby the productivity.
In an another development, AskmeBazaar launched two-wheeler sales in Pune and is currently selling Honda and Piaggio bikes on its website and will soon add Suzuki and Royal Enfield. The company will provide end to end transactional services including loan and insurance processing, vehicle registration, accessories among others.
IRCTC Website Hacked
According to a recent report, personal data of about 1 Cr IRCTC users is feared to have been leaked from the website’s server. However, IRCTC has denied the report and said that there is nothing wrong with its website.