China’s Didi Kuaidi Put $100M Into Lyft, Inks Ridesharing Alliance To Rival Uber Didi Kuaidi, 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 of $530 million. Carl Icahn added an additional $150 million round shortly after. The Tencent and Alibaba-backed Didi quietly invested in… Read More

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