Uber's Kalanick should fear this 59-year-old billionaire - News Summed Up

Uber's Kalanick should fear this 59-year-old billionaire


It also comes amid SoftBank's plan to lead a $1.5 billion round of funding for Grab, the Singapore-based ride-hailing service in which it's previously invested.Pity Travis Kalanick . The 40-year-old engineered Uber Technologies Inc. 's wonderful exit from China and looked set to defeat Lyft Inc . Its latest: a deal to embed access to Chinese bike-rental company Ofo Inc . directly within the Didi app.Clearly, Masa is a fan of the collaborative approach being taken by Didi, which stands at loggerheads with Uber's combative style. It hardly seems like a fair fight.This column does not necessarily reflect the opinion of Bloomberg LP and its owners.


Source: Economic Times April 27, 2017 05:26 UTC



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