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September 28, 2015 03:11 am GMT
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’slatest round of funding. As we reported earlier this month, Ola is lookingto raise a megaround of over$500 million at a valuation of $5 billion to expandin… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/B-I3ttymgsI/
Chinas Didi Kuaidi Confirms Investment In Indias Ola As Uber Rivalry Heats Up
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’slatest round of funding. As we reported earlier this month, Ola is lookingto raise a megaround of over$500 million at a valuation of $5 billion to expandin… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/B-I3ttymgsI/
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