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Uber-Didi global duel gets hotter with big fundraising
Both ride-hailing leaders have had huge new capital injections recently
CHINA-CENTRIC: While Didi has formed an international coalition with Lyft in the US and Ola in India, it's mostly focused on 400 cities in its home market.
PHOTO: BLOOMBERG
San Francisco
THE rivalry between ride-hailing leaders Uber and Didi has just intensified.
Uber Technologies Inc raised US$3.5 billion from Saudi Arabia's sovereign wealth fund - the single biggest investment in the San Francisco company to date. The investment brings the total of
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