Uber seen girding for battle with Ola in India ahead of IPO

Uber's decision to exit Southeast Asia, where it was bleeding money, should give the global ride-hailing giant more firepower to focus on India, where it's locked in a fierce battle with local rival, Ola, industry analysts say.

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Uber's decision to exit Southeast Asia, where it was bleeding money, should give the global ride-hailing giant more firepower to focus on India, where it's locked in a fierce battle with local rival, Ola, industry analysts say.