India ride-hailing firm Ola sideswiped as Uber, Didi team up in China
By Aditya Kalra and Aditi Shah NEW DELHI (Reuters) - Didi Chuxing's acquisition of Uber's China business last week reshapes the landscape in Asia's growing ride-hailing sector, and leaves India's Ola more vulnerable to attack by Uber in its $12 billion home market. Four months ago, Ola executives met with Didi hoping the Chinese firm would invest fresh capital to help it fight Uber Technologies Inc which, with its deeper pockets, has made rapid inroads into India.
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