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Inc42 Shots | Social Distancing Puts A Dent In Shared Mobility

With most flight and intercity travel coming to a halt because of the coronavirus and Covid-19 pandemic, the Indian shared mobility sector has been hit really hard. Cab-hailing giants Ola and Uber have seen an almost two-third drop in their bookings, according to reports this week.

For the first time in many years, companies have been forced to cut fares to the minimum threshold to get more bookings. Meanwhile, the things haven’t been as rosy for the drivers as many privileged quarantined Indians. Drivers have to keep logging in and go from one location to another even without passengers in the hope of finding a ride. While companies might survive the maelstrom from coronavirus, many of their so-called ‘partners’ will be out on the road trying to make a living.

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