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Uber’s Rivals Forming an International Alliance

jfruh writes: Didi Kuaidi is China’s biggest native ride-sharing app, and it’s using its cash hoard to build an alliance to take on global giant Uber. On the heels of a $100 million investment in Lyft, the company is also investing in Ola, India’s biggest entry in the market. The deals have been described as involving sharing technology and market knowledge. “We look forward to exchanging learnings from two of the worlds largest markets and the tremendous synergies this partnership can bring, towards our commitment of building mobility for a billion Indians,” Ola said about the new deal in a statement Monday.


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