The Startup Journal

Tag: Lyft

  • Uber’s Chinese Rival Didi Kuaidi Confirms Its Investment In OLA

    Uber’s Chinese Rival Didi Kuaidi Confirms Its Investment In OLA

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    by

    Akanksha Samar
    in

    Didi Kuaidi, Uber’s dominant Chinese rival, today confirmed it has invested in OLA, another Uber rival based out of India. The investment amount remains undisclosed by either parties. Along with this investment Didi Kuaidi will join a slew of Ola’s existing investors, including Falcon Edge, GIC, Tiger Global Management and Softbank in supporting the company’s…