Ola just acquired Foodpanda India to take on UberEATS.

After the launch of Ola Lite app this year, Ola has made another big announcement, it has entered into the business of online food delivery in India in a partnership with the Delivery Hero, the Germany-based online food delivery platform, Foodpanda.

Ola, the Bengaluru-based cab service company committed to invest $200 million (Rs 1,282 crore) into the Foodpanda India business. Ola is focussed on diversifying its business. As per the update, Foodpanda currently claims to have 15,000+ restaurant partners in across 100 cities with 800-plus employees in India. This step is being taken by Ola to compete with UberEATS which was launched in May this year. Ola is looking forward to taking the Online food delivery business to a next level.

In regards to this partnership, Ola will now acquire the Foodpanda India business in exchange for a percent of Ola's share. Now Foodpanda India can use this revenue to compete with his competitors, like Swiggy and Zomato, which have grown huge over the past year. As the company is in the mood for expansion, so it's going to give a good competition to his rival Uber in the field of Cab service as well as Online food delivery service. According to analysts, Foodpanda is the third largest company in the Online food delivery business in India.

After the Ola Cafe being rolled out in 2015, the company has learned lessons because of not having a huge success, so the company has moved one step ahead and made a partnership with Foodpanda to enter into the online food business once again.

In Ola cafe, the cab drivers are suppose to pick up the food from the local partner restaurants and then deliver the orders that came up when they were driving around that locality. It was becoming hectic for the drivers to handle the customers on board and to collect the food and deliver it on time.

So in all, we can say that it's a nice move by the company and we are expecting a better and quality service in future.

Comments

Nokia 3310 4G will be running on Android based operating System:YunOS

The old man Nokia 3310 with 2G support was launched on 26 February 2017 by HMD Global. Back from the dead, it revived itself with the 3G network after getting a lukewarm response from the first launch. Yet again, the reincarnated version failed to stand up amongst its competitors mainly because of its basic OS. But the old man never lost his hope. Something more effective and productive is on its way. According to recent leaks, 3310 will be running Alibaba’s YunOS, an android based OS. It is smart platform switch by Nokia from Java-based Feature OS to YunOS. It is based on Google’s Android Open Source Project (AOSP). It is cloud-based and has high compatibility. A wide range of Internet of things (IoT) devices run on this android clone platform. This platform is actively utilized by more than 157 million devices in China. If all falls in correct place, HMD will witness its blockbuster hit by giving a home to this old brick. With the 4G network to come up, ...

Jio Launches "Happy New Year 2018" plans.

Reliance Jio, a fresher in telecom domain has already created a stir in the digital ecosystem with its marketing strategies. Now it is all set to rule 2018 with a bang by launching two prepaid monthly plans. Rightly called "Happy New Year Plan". First one is Rs 199 for 28 days. This plan offers 1.2 Gb 4G data along with free call services per-day. The second one is of Rs 299 for 28 days. This plan offers 2Gb 4G data with free call services per day. The effective cost is less than Rs 6 per Gb. Apart from high-speed broadband services these plans come with other peripheral services of an unlimited voice call to any network, app services, and national roaming services for prime members. Jio eventually finalized a deal with BSNL to use intra-circle roaming facilities in national roaming mode. Reliance Communications, on the other hand, signed a deal of Rs 240 billion to sell its wireless assets to Reliance Jio Infocomm. The collaborations and marketing strategies of Jio are...

MWC: All new Samsung Galaxy S9, Galaxy S9+ with improved cameras, ARmoji and more

We're here ready to take a look at Samsung's latest device, the Samsung Galaxy S9 and tell you everything that it brings to the table considering this is the ninth generation of an already high powered line of Smartphone's. The phone basically looks exactly like the Galaxy S8 from last year except for one major difference. We've been complaining about the placement of the fingerprint scanner of the Galaxy S8 since it came out. So for the Galaxy S9, Samsung fixed it. They moved it from next to the camera, to below the camera which is way easier to reach even on the larger model. Now otherwise they are very similar design. You've got a 5.8-inch display on the S9, 6.2-inch display on the S9 plus. They are still super AMOLED screen, have the same high-resolution displays, curved sides that Samsung calls this infinite display that spills over the edge. You still have the power button and the volume rocker on the side and then, of course, there's the Bixby b...

EasyTech

Search This Blog