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Posts Tagged ‘ GrabTaxi ’

SoftBank may invest up to $300 mn in Ola

Monday, October 24, 2016 | More »

Ola
Japanese Internet and telecom firm SoftBank Group Corp may invest $250-300 million (Rs 1,700-2,000 crore) in ride-hailing service Ola, a media report said. The Economic Times reported, citing two people it didn’t name, that SoftBank will lead the next round of funding in ANI Technologies Pvt Ltd, ...

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What Ola can learn from Didi Chuxing on its battle against Uber

Chinese cab-hailing firm Didi Chuxing, the main local competitor for Uber Technologies Ltd in China, has just raised an incredible $7.3 billion in fresh financing. The latest round brings DidiChuxing’s war chest to about $10.5 billion, against the $11.5 billion on Uber’s balance sheet. Q...

20 June, 2016 | More »

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Ola joins global alliance to take on Uber

India’s largest ride-sharing service Ola has joined its international peers Didi Kuaidi, Lyft and GrabTaxi to form an alliance against common rival, San-Francisco-based Uber. The global alliance enables customers of one partner to avail cab-hailing services of the other three through the same app ...

4 December, 2015 | More »

Grabtaxi

SoftBank invests $250M in Southeast Asian online cab booking venture GrabTaxi

Japanese telecom and digital media giant SoftBank Corp is betting big on online cab booking business. After leading a $210 million funding round in India’s Olacabs it has now invested $250 million in Singapore-based GrabTaxi Holdings Pte Ltd, which operates the mobile-based cab-booking service...

4 December, 2014 | More »