The Indian ridesharing company Ola is pulling out of Australia, telling riders and drivers in Perth and Sydney that it will stop operating on Friday.
Ola’s departure after six years in Australia cements Uber’s dominance, with traditional cabs and China’s DiDi its only remaining competitors in the taxi market.
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Nick Bonyhady is a technology writer for the Australian Financial Review, based in Sydney. He is a former technology editor, industrial relations and politics reporter at the Sydney Morning Herald and Age. Connect with Nick on Twitter. Email Nick at nick.bonyhady@afr.com
