India’s Ola Gets Lean to Compete Uber
NEW DELHI—ANI Technologies Pvt.’s ride-hailing service Ola is laying off hundreds of workers at a fellow Indian operator it bought last year, a sign of possible consolidation amid increased competition in the country from Uber Technologies Inc. Bangalore-based Ola last year acquired Serendipity Infolab Pvt.’s TaxiForSure for $200 million in cash and stock, saying the two companies would continue to
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