Green shoots emerging for ride-hailing firm Ola amid the pandemic

The SoftBank-backed company is now serving about 50 per cent rides in major cities that have opened up as compared to the pre-Covid phase.

Ride-hailing company Ola, which saw a massive slump during the lockdown, said it was now serving about 50 per cent rides in most of the major cities as compared to the pre-Covid phase. 

After nearly five months of restrictions and reduced activity, the inter-city travel segment is seeing resurgence for the SoftBank-backed firm as more people are stepping out. The Bengaluru-based company said that over the past few weeks, 80 per cent of its outstation bookings on the platform have been for one-way trips. Ola said the recent trends had shown that the ‘one-way trip’ was popular with users, which provides