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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.

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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