Ola's feature is now available in Bengaluru, Pune, Hyderabad, Bhubaneshwar, Chandigarh, Jaipur and more.
Ford and VW each own just under 40 percent, with Argo's management team holding just over 20 percent.
Revenue from Uber's ride-hailing business rose to 19 percent while sales from its Uber Eats rose 64 percent.
Uber loses $5 bn, misses Wall Street targets despite easing price war; company's costs up 147% to $8.65 bn
Uber stock had risen more than 8% and Lyft had gained 3% during the day. Following Uber’s report, its shares fell 6% and Lyft dropped nearly 2%.
Uber's net loss reflected $3.9 bn of stock-based compensation expenses from its IPO.
Uber’s revenue last year was $11.3 billion, while its gross bookings from rides were $50 billion.
Ola accelerates international expansion with New Zealand foray, will offer services in Auckland, Wellington and Christchurch
Ola's service will include safety features like in-app emergency button that enables customers to instantly share important ride information
Uber suspended all tests of its self-driving cars (in March) after one of its vehicles killed a pedestrian.
Uber had fired its chief security officer, Joe Sullivan, and a deputy, Craig Clark, in November.
The US firm first launched services in Abu Dhabi in 2013. It has continued to operate in neighbouring Dubai.
SoftBank required a minimum threshold of a 14 percent stake of the company to proceed with the deal.
Uber said it would appeal against TfL’s ruling and improve its conduct to keep its 40,000 drivers in London on the road.
The aggressive tactics cast the much smaller Lyft in a new light.
The board's decisions follow a series of public-relations crises for Uber. The company faces a criminal probe related to a technology it created called Greyball that was used to deceive regulators in cities where it was operating.
The mother of the CEO of the ride-hailing company Uber died in a boat accident in a California lake, the company said.
The Maharashtra government is launching a cab hailing app within for black and yellow taxis on the lines of those provided by Ola and Uber.
Ride-hailing platform Ola on Monday launched "Ola Play", its connected car platform for ride-sharing, in Hyderabad.
Thailand's transport authorities have begun a crackdown on drivers for ride-hailing services Uber and Grab and want the military government to ban them, a transport official said on Tuesday.
Ride services company Uber Technologies Inc for years has used a secret tool to avoid authorities in markets where its service faced resistance by law enforcement or was banned, the company confirmed on Friday.