September 28, 2015

China's Didi Kuaidi Confirms Investment In India's Ola As Uber Rivalry Heats Up

india taxi More funding developments in the highly competitive world of car services. Didi Kuaidi, an Uber rival based in China, has today confirmed that it has invested in Ola, another Uber rival based out of India, as part of Ola's latest round of funding. As we reported earlier this month, Ola is looking to raise a megaround of over $500 million at a valuation of $5 billion to expand in… Read More

Source: TechCrunch