Ola shuts down used cars business, food delivery service to focus on EVs - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Ola shuts down used cars business, food delivery service to focus on EVs

In an official response, the company spokesperson confirmed the development and said, Ola has reassessed its priorities and decided to shut down the quick commerce business. The Ola Cars infrastructure, technology and capabilities will now “be repurposed towards growing our Ola Electric sales and service network,” the spokesperson said.

from Industry-Economic Times
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