Bengaluru-based ridesharing platform Ola has shut down its used car business, Ola Cars in just 8 months of its launch. As reported by ET Auto, the company has also decided to shut down its quick-commerce arm, Ola Dash. The company released a statement that says, “Ola has reassessed its priorities and decided to shut down Ola Dash – its quick commerce business. Ola will also be reorienting its Ola Cars business to focus more on strengthening the go-to-market strategy for Ola Electric.”

from Times of India https://timesofindia.indiatimes.com/auto/news/ola-shuts-down-its-used-car-business-to-invest-in-electric-vehicles/articleshow/92491000.cms