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Posts Tagged ‘ GrabTaxi ’

SoftBank may invest up to $300 mn in Ola

Monday, October 24, 2016 | More »

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, ...


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 »


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 »


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 »