Uber’s enemies unite: its top American rival teams up with its biggest China rival

Lyft-glowstache

Feed-twFeed-fb

If you can’t beat em, join forces with another company who can help run em off the road.

Lyft, the friendlier, mustachioed alternative to Uber in the U.S., announced Wednesday that it has entered into an “alliance” with Didi Kuaidi, Uber’s better positioned competitor in China, that will effectively launch Lyft in China and help beat back Uber in two key markets

Didi Kuaidi has invested $ 100 million in Lyft as part of an earlier round of private financing. The two companies will also collaborate on technology and product development, making it possible for Lyft passengers to access Didi Kuaidi in China without changing apps and vice versa as part of the new strategic partnership. Read more…

More about Uber, Business, Startups, Lyft, and Didi Kuaidi


All articles

Related Posts: