Ola shuts used car business, winds up q-commerce platform Ola Dash

Ride-hailing platform Ola has shut down its used vehicle business Ola Cars as well as Ola Dash, its quick-commerce business, at a time when rivals are pouring money into the 10-15 minute grocery delivery market.

The company shut Ola Cars within one year of its launch, as it focuses on its electric two-wheeler and car verticals.

Ola has so far shut down Ola Cafe, food panda, Ola Foods, and now Ola Dash.

“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,” the company said in a statement.