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Alliance against Uber: Ola, Didi, Lyft and GrabTaxi form Global Rideshare Partnership

News Agencies | Updated on: 13 February 2017, 11:43 IST

Ola, Didi Kuaidi, Lyft and GrabTaxi recently announced a strategic partnership for a global rideshare partnership between the four companies. This is an extension of the strategic partnership between Lyft and Didi Kuaidi, earlier in September.

Together, these companies now cover nearly all of Southeast Asia, India, China and the United States, reaching nearly 50 percent of the world's population. Joint partner products will start rolling out in Q1 2016.

Through this global alliance, the companies will collaborate and leverage each other's technology, local market knowledge, and business resources so that international travelers can seamlessly access local on-demand rides by using the same application they use at home.

Each country will handle mapping, routing and payments through a secure API, providing the best global experience for the millions of travelers that cross between India, Southeast Asia, China and the U.S. every year.

Collectively, Ola, Didi, Lyft and GrabTaxi have raised more than 7 billion dollars. As the local leaders, Didi, GrabTaxi, and Lyft will provide Ola passengers traveling to China, SE Asia and the U.S. with unparalleled ease, convenience, and reliability.

Bhavish Aggarwal, Co-founder and CEO of Ola said that they are excited to partner with Lyft, Didi Kuaidi and GrabTaxi, allowing seamless mobility access across hundreds of cities globally for their combined user base that runs into hundreds of millions.

He added that this will also allow all four companies to learn from each other's local innovations and successes that can help them in their shared mission to build better mobility solutions in our respective markets.

Further, Lyft co-founder and president, John Zimmer said that they are excited to join with Didi, Grab and Ola to make global travel simpler for passengers. Together they will allow Lyft to offer the world's best coverage, while building upon their shared vision of reconnecting communities through better transportation.

Meanwhile, Anthony Tan the CEO of GrabTaxi said that they are pleased to help Lyft, Didi and Ola offer transportation services in Southeast Asia where the significant diversity of language, culture and social practices across the region can be challenging for foreign companies to navigate.

-ANI

First published: 4 December 2015, 12:35 IST