Bhavish Aggarwal - Ola
Today, Ola, Didi Kuaidi, Lyft and GrabTaxi announced they intend to join forces to form a strategic global ridesharing partnership said to offer seamless coverage for travelers in India, China, Southeast Asia and the US. The move is an interesting one. The four companies combined offer some collective muscle in the sense that their collective reach totals nearly 50 percent of the world’s population. Uber, on the other hand, seems to be backing out of just as many markets as it’s entering, mostly due to legislative hurdles. Make no mistake about it, the move is a targeted takedown of Uber. Back in…

This story continues at The Next Web
Source: The Next Web

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