 "Ola, Uber supply drops by 25% as drivers leave due to lack of incentives")
Two of the country’s largest taxi-aggregators, Ola and Uber, saw the supply of cabs on their platforms declining to nearly three-fourths in the March quarter of this year. With disgruntled drivers opting out due to a fall in incentives, the total number of cabs they run fell to around 380,000 in January-March from 500,000 in the previous three-month period – a drop of 24 per cent – shows a Livemint report.
The report, citing figures from market research firm RedSeer Consulting, also says that a large number of drivers on Uber and Ola either moved on to explore other offline
