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September 16, 2015 07:29 pm GMT

Chinas Didi Kuaidi Put $100M Into Lyft, Inks Ridesharing Alliance To Rival Uber

slack-imgs.comDidi Kuadi, Uber’s dominant Chinese rival, announced a deal with ridesharing startup Lyft today that will allow the two services to share riders across continents. Didi confirmed an earlier investment of $100 million in Lyft’s latest round.The Tencent and Alibaba-backed Didi quietly invested in Lyft’s latest round of funding in May, placing the rideshare startup at a… Read More

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